OMO Result: SBP Injects Rs858.7bn Into Market

MG News | December 23, 2022 at 03:53 PM GMT+05:00

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December 23, 2022 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation (OMO), and Shariah-compliant Mudarabah OMO today, in which it cumulatively injected a total of Rs858.7 billion into the market, from which Rs170.7bn injected into the market for 7 days at 16.27% and Rs600bn for 70 days at 0%.

Summary of OMO Result
		Amount (Rs in Millions)		Rate (%)		Bids
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
7-Days	Repo (Inject)	170,700	170,700	16.35 - 16.27	16.27	4	4
70-Days	Repo (Inject)	683,800	600,000	16.25 - 16.06	0.00	33	28
Total		854,500	770,700

Moreover, SBP also conducted Shariah-compliant Mudarabah OMO today, in which it injected Rs21bn into the market for 7 days at 16.20%, and Rs67bn for 70 days at 16.13%.

Summary of Shariah-Compliant Mudarabah-based OMO Result
		Amount (Rs in Millions)		Rate (%)		Quotes
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
7-Days	Reverse Repo (Injection)	21,000	21,000	16.2 - 16.2	16.20	2	2
70-Days	Reverse Repo (Injection)	87,000	67,000	16.13 - 16.09	16.13	3	1
Total		108,000	88,000

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Name	Price/Vol	%Chg/NChg
KSE100	170,478.94 174.95M	-0.41% -696.57
ALLSHR	102,885.54 725.60M	-0.29% -297.60
KSE30	50,877.61 79.52M	-0.67% -344.88
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Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	61,100.00	62,405.00 59,600.00	585.00 0.97%
BRENT CRUDE	92.78	95.90 92.67	-2.25 -2.37%
RICHARDS BAY COAL MONTHLY	122.00	122.00 121.00	-0.75 -0.61%
ROTTERDAM COAL MONTHLY	134.35	138.25 134.00	0.30 0.22%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	90.25	93.63 89.68	-2.79 -3.00%
SUGAR #11 WORLD	14.12	14.50 14.09	-0.15 -1.05%