Shariah Compliant OMO: SBP injects Rs499.9bn for 7 days

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MG News | May 13, 2022 at 12:48 PM GMT+05:00

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May 13, 2022 (MLN): The State Bank of Pakistan (SBP) conducted a Shariah Compliant Mudarabah based Open Market Operation (OMO) today, in which it injected Rs499.95 billion into the market for 7 days at 12.32 percent.

Summary of Shariah Complaint Mudarabah Based OMO Result

 

 

Amount (Rs in Millions)

Rate (%)

Bids

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

7-Days

Reverse Repo (Injection)

499,950

499,950

12.32 - 12.38

12.32

15

15

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