OMO Result: SBP mops up Rs317.8bn from market

MG News | May 08, 2023 at 12:31 PM GMT+05:00
May 08, 2023 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation (OMO) in which it mopped up a total of Rs317.8 billion from the market.
Summary of OMO Result |
|||||||
---|---|---|---|---|---|---|---|
|
|
Amount (Rs in millions) |
Rate (%) |
Bids |
|||
Tenor |
Type |
Offered |
Accepted |
High – Low |
Accepted |
Offered |
Accepted |
4-Day | Repo Sale (Mop up) | 324,800 | 317,800 | 21.95 - 20.85 | 20.99 | 20 | 19 |
Total |
324,800 | 317,800 |
|
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