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Shariah-Compliant OMO: SBP injects Rs70bn for 4 days

SECP-SBP coordination committee reconvenes after 4-year hiatus
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November 14, 2022 (MLN): The State Bank of Pakistan (SBP) conducted Shariah-compliant Mudarabah Open Market Operation (OMO) today, in which it injected Rs70 billion into the market for four days at 15.25%.

Summary of Shariah-Compliant Mudarabah-based OMO Result

 

 

Amount (Rs in Millions)

Rate (%)

Quotes

Tenor

Type

Offered

Accepted

High – Low

Accepted

Offered

Accepted

4-Days

Reverse Repo (Injection)

70,000.00

70,000.00

15.25-15.25

15.25

1

1

Total

70,000.00

70,000.00

 

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Posted on: 2022-11-14T15:11:52+05:00