SBP injects Rs1.59tr through reverse repo OMO

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

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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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