OMO Result: SBP mops up Rs753.3bn, first in over 5 months
MG News | February 29, 2024 at 12:41 PM GMT+05:00
February 29, 2024 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation (OMO) in which it mopped up a total of Rs753.3 billion from the market, the first mop up in over five months.
| Summary of OMO Result | |||||||
|---|---|---|---|---|---|---|---|
| Amount (Rs in millions) | Rate (%) | Quotes | |||||
| Tenor | Type | Offered | Accepted | High – Low | Accepted | Offered | Accepted |
| 01-Day | Repo Sale (Mop up) | 780,800 | 753,300 | 21.97 - 21.70 | 21.93 | 17 | 12 |
| Total | 780,800 | 753,300 | |||||
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