SBP injects Rs1.59tr through reverse repo OMO

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MG News | August 25, 2023 at 01:36 PM GMT+05:00

0:00

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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