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OMO Result: SBP injects Rs8.09tr

OMO Result: SBP injects Rs8.09tr
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March 01, 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 Rs8.09 trillion into the market. Of which Rs7.9tr 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) 6,104,200 6,104,200 22.13 – 22.04 22.04 23 23
28D Reverse Repo (Injection) 1,795,050 1,795,050 22.12 – 22.06 22.06 17 17
Total 7,899,250 7,899,250  

Meanwhile, the remaining Rs190 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) 190,000 190,000 22.1 – 22.08 22.08 4 4
28D Reverse Repo (Injection)
Total 190,000 190,000  

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Posted on: 2024-03-01T12:28:56+05:00