Shariah Compliant OMO: SBP injects Rs595.7bn for 7 and 63 days
MG News | June 03, 2022 at 03:00 PM GMT+05:00
June 03, 2022 (MLN): The State Bank of Pakistan (SBP) conducted two Shariah Compliant Mudarabah based Open Market Operation (OMO) today, in which it injected Rs300.7 billion and 295 billion into the market for 7 days and 63 days at 13.81% and 13.87%, respectively, taking it to Rs595.7bn.
|
Summary of Shariah Compliant Mudarabah based OMO Result |
|||||||
|---|---|---|---|---|---|---|---|
|
|
|
Amount (Rs in Millions) |
Rate (%) |
Bids |
|||
|
Tenor |
Type |
Offered |
Accepted |
High – Low |
Accepted |
Offered |
Accepted |
|
7-Days |
Reverse Repo (Injection) |
300,700.00 |
300,700.00 |
13.90 – 13.81 |
13.81 |
08 |
08 |
|
63-Days |
Reverse Repo (Injection) |
295,000.00 |
295,000.00 |
13.88 – 13.87 |
13.87 |
03 |
03 |
|
Total |
595,700.00 |
595,700.00 |
|
||||
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