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Shariah-Compliant OMO: SBP injects Rs125bn for 77 days

SBP maintains rate of Special Cash Reserve Account at 4.32% for November
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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.

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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Posted on: 2023-02-10T16:36:05+05:00