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
33343
