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OMO Result: SBP injects Rs7.88tr

OMO Result: SBP injects Rs7.88tr
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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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Posted on: 2024-03-15T11:15:34+05:00