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OMO Result: SBP injects Rs2.71tr

OMO Result: SBP injects Rs2.71tr
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March 29, 2024 (MLN): The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs2.71 trillion into the market. Of which Rs2.49tr were injected through reverse repo OMO.

Summary of OMO Result (Reverse Repo)
    Amount (Rs in Million) Rate (%) Quotes
Tenor Type Offered Accepted High – Low Accepted Offered Accepted
7D Reverse Repo (Injection) 401,850 401,850 22.11 – 22.07 22.07 9 9
28D Reverse Repo (Injection) 2,084,150 2,084,150 22.11 – 22.05 22.05 22 22
Total 2,486,000 2,486,000  

Meanwhile, the remaining Rs219 billion was injected through Shariah-compliant Modarabah-based OMO.

Summary of OMO Result (Shariah)
    Amount (Rs in Million) Rate (%) Quotes
Tenor Type Offered Accepted High – Low Accepted Offered Accepted
7D Reverse Repo (Injection) 194,000 194,000 22.11 – 22.08 22.08 6 6
28D Reverse Repo (Injection) 25,000 25,000 22.1 – 22.1 22.1 1 1
Total 219,000 219,000  

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Posted on: 2024-03-29T11:13:02+05:00