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OMO Result: SBP injects Rs8.93tr

OMO Result: SBP injects Rs619.85bn
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February 02, 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 Rs8.93 trillion into the market. Of which Rs8.66tr were injected through reverse repo OMO.

Summary of OMO Result
    Amount (Rs in Million) Rate (%) Quotes
Tenor Type Offered Accepted High – Low Accepted Offered Accepted
07-Day Reverse Repo (Injection) 394,200 394,200 22.09 – 22.07 22.07 07 07
14-Day   222,650 222,650 22.08 – 22.06 22.06 05 05
28-Day   8,043,850 8,043,850 22.10 – 22.05 22.05 31 31
Total 8,660,700 8,660,700  

Meanwhile, the remaining Rs273 billion was injected through Shariah-compliant Modarabah-based OMO. 

Summary of OMO Result
    Amount (Rs in Million) Rate (%) Quotes
Tenor Type Offered Accepted High – Low Accepted Offered Accepted
07-Day Reverse Repo (Injection) 116,000 116,000 22.10 – 22.08 22.08 03 03
14-Day   157,000 157,000 22.12 – 22.07 22.07 04 04
28-Day   No Bid Received
Total 273,000 273,000  

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Posted on: 2024-02-02T12:44:10+05:00