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OMO results: SBP injects Rs1.82tr for 7 days

OMO Result: SBP injects Rs9.66tr
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February 24, 2023 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation (OMO), and Shariah-compliant Mudarabah OMO today, in which it cumulatively injected a total of Rs1.82 trillion into the market, from which Rs1.8tr injected into the market for 7 days at 17.25%.

Summary of OMO Result

 

 

Amount (Rs in Millions)

Rate (%)

Bids

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

7-Day

Repo (Inject)

1,953,450 1,800,000 17.90 – 17.10 17.25

44

41

Total

1,953,450 1,800,000

 

Moreover, SBP also conducted Shariah-compliant Mudarabah OMO today, in which it injected Rs20bn into the market for 7 days at 17.25%.

Summary of Shariah-Compliant Mudarabah-based OMO Result

 

 

Amount (Rs in Millions)

Rate (%)

Quotes

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

3-Days

Reverse Repo (Injection)

45,450 20,000 17.25 – 17.25 17.25

2

2

Total

45,450 20,000

 

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Posted on: 2023-02-24T14:58:29+05:00