OMO Result: SBP injects Rs924.3bn via reverse repo purchase, Shariah Compliant Mudarabah

MG News | June 10, 2022 at 02:48 PM GMT+05:00

0:00

June 10, 2022 (MLN): State Bank of Pakistan on Friday injected Rs924.3 billion into the money market through reverse repo purchase and Shariah-compliant mudarabah-based open market operation.

As per the SBP statement, through reverse repo purchase operation, the injected amount was Rs650.2 billion; of which Rs407.7 billion were injected for seven days at 13.81% rate of return accepted per annum and Rs242.5 billion for 63 days at 13.83% rate of return accepted per annum.

The amount injected through Shariah-compliant mudaraba-based operation was Rs274.1 billion, of which Rs268 billion were injected for 7 days at 13.81% rate of return accepted per annum and Rs6.1 billion were for 63 days at a rate of return of 13.83% per annum.

Summary of OMO Result
		Amount (Rs in Millions)		Rate (%)		Bids
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
7-Days	Reverse Repo (Injection)	407,700	407,700	13.9 – 13.81	13.81	16	16
63-Days	Reverse Repo (Injection)	242,500	242,500	13.95-13.83	13.83	23	23

Summary of Shariah Complaint Mudarabah Based OMO Result
		Amount (Rs in Millions)		Rate (%)		Bids
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
7-Days	(Injection)	268,000	268,000	13.86 – 13.81	13.81	07	07
63-Days	(Injection)	6,100	6,100	13.89 – 13.88	13.88	02	02

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	162,994.17 366.14M	-1.71% -2829.70
ALLSHR	97,525.91 833.18M	-1.65% -1634.99
KSE30	49,090.22 171.05M	-2.02% -1011.73
KMI30	234,097.76 141.71M	-1.92% -4583.61
KMIALLSHR	63,284.58 381.76M	-1.79% -1151.00
BKTi	45,458.10 90.77M	-1.53% -707.82
OGTi	33,162.89 14.24M	-2.82% -962.44

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	76,915.00	77,145.00 76,515.00	175.00 0.23%
BRENT CRUDE	111.42	112.22 111.06	1.02 0.92%
RICHARDS BAY COAL MONTHLY	113.00	113.00 113.00	-1.30 -1.14%
ROTTERDAM COAL MONTHLY	109.25	112.00 108.20	-1.20 -1.09%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	105.50	106.38 105.06	0.43 0.41%
SUGAR #11 WORLD	14.61	14.85 14.49	-0.16 -1.08%