OMO Result: SBP injects Rs7.7tr

MG News | April 19, 2024 at 01:08 PM GMT+05:00

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April 19, 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 Rs7.7 trillion into the market. Of which Rs7.33tr 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
7D	Reverse Repo (Injection)	7,488,350	7,250,000	22.12 - 22.01	22.05	25	24
28D	Reverse Repo (Injection)	82,950	82,950	22.10 - 22.05	22.05	6	6
Total		7,571,300	7,332,950

Meanwhile, the remaining Rs365 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
7D	Reverse Repo (Injection)	365,000	365,000	22.11 - 22.08	22.08	4	4
28D	Reverse Repo (Injection)	NBR	-	-	-	-	-
Total		365,000	365,000

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