OMO Result: SBP purchases Gop Ijara worth Rs.2.80 Billion

MG News | March 19, 2019 at 01:35 PM GMT+05:00

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March 19, 2019 (MLN): SBP conducted an open market operation on Tuesday in which it purchased GOP Ijara (GIS-FRR-02) worth Rs.2.80 Billion on deferred payment (Bai-Muajjal) for 6 and 12 months.

SBP received 3 bids worth Rs.6.550 billion for 3 months with quotes ranging between 107.9058 and 108.0223 for 6 Months, out of which the SBP accepted 1 bid worth Rs.500 Million with a deferred price of 107.9058.

For 12 months, the SBP received 1 bid worth Rs.2.300 Billion at a price of Rs. 113.3425 which it accepted.

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