OMO Result: SBP injects Rs661.3bn
MG News | April 15, 2024 at 01:16 PM GMT+05:00
April 15, 2024 (MLN): The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs661.3 billion into the market. Of which Rs391.3bn were injected through reverse repo OMO.
| Summary of OMO Result (Reverse Repo) | |||||||
|---|---|---|---|---|---|---|---|
| Amount (Rs in Million) | Rate (%) | Quotes | |||||
| Tenor | Type | Offered | Accepted | High – Low | Accepted | Offered | Accepted |
| 4D | Reverse Repo (Injection) | 391,300 | 391,300 | 22.07 - 22.06 | 22.06 | 5 | 5 |
| Total | 391,300 | 391,300 | |||||
Meanwhile, the remaining Rs270 billion was injected through Shariah-compliant Modarabah-based OMO.
| Summary of OMO Result (Shariah) | |||||||
|---|---|---|---|---|---|---|---|
| Amount (Rs in Million) | Rate (%) | Quotes | |||||
| Tenor | Type | Offered | Accepted | High – Low | Accepted | Offered | Accepted |
| 4D | Reverse Repo (Injection) | 270,000 | 270,000 | 22.11 - 22.08 | 22.08 | 4 | 4 |
| Total | 270,000 | 270,000 | |||||
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