Shariah-Compliant OMO: SBP injects Rs125bn for 77 days
MG News | February 10, 2023 at 04:36 PM GMT+05:00
February 10, 2023 (MLN): The State Bank of Pakistan (SBP) conducted a Shariah-compliant Mudarabah Open Market Operation (OMO) today, in which it injected Rs125 billion into the market for 77 days at a 17.25% cut-off rate.
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Summary of Shariah-Compliant Mudarabah-based OMO Result |
|||||||
|---|---|---|---|---|---|---|---|
|
|
|
Amount (Rs in Millions) |
Cut- off Rate (%) |
Quotes |
|||
|
Tenor |
Type |
Offered |
Accepted |
High – Low |
Accepted |
Offered |
Accepted |
|
77-Day |
Reverse Repo (Injection) |
125,000 |
125,000 |
17.31-17.25 |
17.25 |
3 |
3 |
|
Total |
125,000 |
125,000 |
|
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