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OMO Results: SBP injects Rs1.8tr in market

OMO Result: SBP injects Rs9.66tr
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March 17, 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 Rs1.8 trillion into the market, from which Rs1.76tr injected into the market of which Rs400bn were injected at 20.15% for 10-day and Rs1.36tr were injected at 20.11% rate of return for 77-day.

Summary of OMO Result

 

 

Amount (Rs in millions)

Rate (%)

Bids

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

10-Day Reverse Repo (Inject) 461,150 400,000 20.32 – 20.15 20.15 8 8

77-Day

Reverse Repo (Inject)

1,385,700 1,368,250 20.21 – 20.08 20.11

28

24

Total

1,846,850 1,768,250

 

Moreover, SBP also conducted Shariah-compliant Mudarabah OMO today, in which it injected Rs123.95bn into the market of which Rs60.95bn were injected at 20.18% for 10-day and Rs63bn were injected at 20.15% rate of return for 77-day.

Summary of Shariah-Compliant Mudarabah-based OMO Result

 

 

Amount (Rs in Millions)

Rate (%)

Quotes

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

10-Day Shariah Compliant (Injection) 60,950 60,950 20.18 – 20.18 20.18 1 1

77-Day

Shariah Compliant (Injection)

63,000 63,000 20.23 – 20.15 20.15

3

3

Total

123,950 123,950

 

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Posted on: 2023-03-17T16:43:04+05:00