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OMO results: SBP injects Rs239.5bn for 63 days

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September 02, 2022 (MLN): The State Bank of Pakistan (SBP) on Friday injected Rs239.5 billion into the money market at 15.18% through reverse repo purchase and Shariah-compliant mudarabah-based open market operation.

As per the SBP statement, through reverse repo purchase operation, the injected amount was Rs231bn for 63 days at a 15.18% rate of return accepted per annum. Out of 08 bids received to raise Rs304.7bn, SBP accepted 02 bids worth Rs231bn.

The amount injected through Shariah-compliant mudaraba-based operation was Rs63.5bn for 63 days at a 15.18% rate of return accepted per annum. 04 bids have been received to raise the aforementioned amount.

Summary of OMO Result

 

 

Amount (Rs in millions)

Rate (%)

Quotes

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

63-Day

Reverse Repo (Injection)

304,750

231,000

15.2– 15.15

15.18

08

02

 

Summary of Shariah Complaint Mudarabah Based OMO Result

 

 

Amount (Rs in millions)

Rate (%)

Quotes

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

63-Day

Reverse Repo (Injection)

63,500

63,500

15.2– 15.18

15.18

04

04

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Posted on:2022-09-02T14:26:48+05:00

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