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OMO: SBP injects Rs1.42tr into the market

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September 16, 2022 (MLN): State Bank of Pakistan (SBP), on Friday, injected Rs1.416 trillion into the money market 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 Rs1.4tr, of which Rs689.75bn for 3 days  and Rs712.2bn was for 63 days at a 15.15% rate of return.

While the amount injected through Shariah-compliant mudaraba-based operation was Rs14bn for 63 days at 15.25% return.

Summary of OMO Result

 

 

 

Amount (Rs in Millions)

Rate (%)

Bids

 

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

 

3-Days

Reverse-Repo (Injection)

689,750

689,750

15.15–15.35

15.15

16

16

 

63-Days

Reverse-Repo (Injection)

712,200

    712,200

15.15–15.28

15.15

17

17

 

Summary of Shariah Complaint Mudarabah Based OMO Result

 

 

 

Amount (Rs in Millions)

Rate (%)

Bids

 

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

63-Days

Reverse-Repo (Injection)

14,000

14,000

15.25–15.25

15.25

01

01

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Posted on:2022-09-16T13:23:39+05:00

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