OMO Result: SBP injects Rs661.3bn

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MG News | April 15, 2024 at 01:16 PM GMT+05:00

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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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