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OMO: SBP mops up Rs335bn from the market for 8 days

September 22, 2022 (MLN): State Bank of Pakistan has mopped up Rs335 billion from the money market for 8 days at 14.95% in an open market operation (OMO) conducted today.

As per the SBP statement, 11 bids were placed by participants for repo sale ranging between 14.89% to 15% to raise Rs338bn. SBP accepted eight bids.

Summary of OMO Result

 

 

Amount (Rs in Millions)

Rate (%)

Bids

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

8-Days

Repo (Mop-Up)

338,000

335,000

14.89–15

14.95

11

08

Copyright Mettis Link News

Posted on:2022-09-22T14:37:21+05:00

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