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MPS Preview: High for Longer

OMO: SBP injects Rs213.2bn into the market for 70 days

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September 23, 2022 (MLN): The State Bank of Pakistan on Friday injected Rs213.2 billion into money market through reverse repo purchase and Shariah compliant mudarabah based open market operation.

As per SBP statement, through reverse repo purchase operation the injected amount was Rs182.2bn for 70 days at 15.15% rate of return accepted per annum.

The amount injected through Shariah compliant mudaraba based operation was Rs31bn for 70 days at 15.21% rate of return accepted per annum.

Summary of OMO Result

 

 

Amount (Rs in Millions)

Rate (%)

Bids

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

70-Days

Reverse-Repo (Injection)

182,200

182,200

15.15–15.22

15.15

11

11

Summary of Shariah Complaint Mudarabah Based OMO Result

 

 

Amount (Rs in Millions)

Rate (%)

Bids

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

70-Days

Reverse-Repo (Injection)

31,000

31,000

15.21 – 15.25

15.21

02

02

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Posted on:2022-09-23T14:52:37+05:00

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