SBP injects Rs1.59tr through reverse repo OMO
MG News | August 25, 2023 at 01:36 PM GMT+05:00
August 25, 2023 (MLN): The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs1.63 trillion into the market. Of which Rs41.5 billion were injected through reverse repo OMO.
|
Summary of OMO Result |
|||||||
|---|---|---|---|---|---|---|---|
|
|
|
Amount (Rs in Million) |
Rate (%) |
Quotes |
|||
|
Tenor |
Type |
Offered |
Accepted |
High – Low |
Accepted |
Offered |
Accepted |
| 77-Day | Reverse Repo (Injection) | 1,595,000 | 1,594,300 | 22.20 - 22 | 22.06 | 24 | 21 |
|
Total |
1,595,000 | 1,594,300 | |||||
The central bank also conducted a Shariah-Compliant Modarabah-based OMO today, in which it injected a total of Rs41.5 billion into the market.
|
Summary of OMO Result |
|||||||
|---|---|---|---|---|---|---|---|
|
|
|
Amount (Rs in Million) |
Rate (%) |
Quotes |
|||
|
Tenor |
Type |
Offered |
Accepted |
High – Low |
Accepted |
Offered |
Accepted |
| 77-Day | Shariah-Compliant Modarabah-based (Injection) | 41,500 | 41,500 | 22.25 - 22.17 | 22.17 | 02 | 02 |
|
Total |
41,500 | 41,500 | |||||
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