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OMO Result: SBP injects Rs7.7tr

OMO Result: SBP injects Rs809.7bn
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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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Posted on: 2024-04-19T13:08:45+05:00