OMO: SBP rejects bids offered for 74-day reverse-repo purchase
MG News | July 04, 2022 at 08:38 PM GMT+05:00
July 4, 2022 (MLN): State Bank of Pakistan (SBP) on Monday rejected the total bids amounting Rs1.9 trillion which were offered for 74-days reverse-repo purchase (Injection) during its open market operation.
|
Summary of OMO Result |
|||||||
|
|
|
Amount (Rs in Millions) |
Rate (%) |
Bids |
|||
|
Tenor |
Type |
Offered |
Accepted |
High – Low |
Accepted |
Offered |
Accepted |
|
74-Days |
Reverse Repo (Injection) |
1,910,350 |
Bids rejected |
13.97–13.84 |
– |
28 |
– |
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