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

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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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