OMO Result: SBP mops up Rs753.3bn, first in over 5 months

By MG News | February 29, 2024 at 12:41 PM GMT+05:00

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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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