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OMO Result: SBP Injects Rs858.7bn Into Market

SBP sells T-bills worth Rs361bn
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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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Posted on: 2022-12-23T15:53:03+05:00