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MPS Preview: High for Longer

OMO: SBP rejects bids offered for 74-day reverse-repo purchase

OMO: SBP rejects bids offered for 74-day reverse-repo purchase
OMO: SBP rejects bids offered for 74-day reverse-repo purchase
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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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Posted on: 2022-07-04T20:38:32+05:00

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