OMO Result: SBP Mops up Rs.20.90 Billion
MG News | February 23, 2017 at 11:38 AM GMT+05:00
The Central Bank Conducted an OMO on Thursday in which it mopped up Rs.20.90 Billion from the market for 1 Day through a Repo. It received 7 quotes, ranging from 5.45% to 5.70%, for a total amount of Rs.59 billion. Out of these, the SBP accepted 1 quote at 5.45%.
Money Market Overnight rate moved from 4.75/5.50 to 5.50/.5.70 after the OMO.
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