OMO Result: SBP injects Rs7.88tr

MG News | March 15, 2024 at 11:15 AM GMT+05:00

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March 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 Rs7.88 trillion into the market. Of which Rs7.57tr 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)	7,603,800	7,573,800	22.1 - 22.04	22.05	29	28
21D	Reverse Repo (Injection)	-	-	-	-	-	-
Total		7,603,800	7,573,800

Meanwhile, the remaining Rs310 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)	310,000	310,000	22.12 - 22.06	22.06	8	8
21D	Reverse Repo (Injection)	-	-	-	-	-	-
Total		310,000	310,000

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