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CPI Preview: Inflation to fall to around 17% YoY in April

OMO Result: SBP injects Rs9.66tr

OMO Result: SBP injects Rs9.66tr
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April 26, 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 Rs9.66 trillion into the market. Of which Rs9.32tr 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) 9,469,050 9,300,000 22.12 – 22.02 22.05 35 34
28D Reverse Repo (Injection) 21,400 21,400 22.07 – 22.04 22.04 4 4
Total 9,490,450 9,321,400  

Meanwhile, the remaining Rs339.9 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) 339,900 339,900 22.11 – 22.08 22.08 4 4
28D Reverse Repo (Injection) NBR
Total 339,900 339,900  

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Posted on: 2024-04-26T13:06:48+05:00