SBP injects Rs1.59tr through reverse repo OMO

August 25, 2023 (MLN):  The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs1.63 trillion into the market. Of which Rs41.5 billion were injected through reverse repo OMO.





Summary of OMO Result






 


 


Amount (Rs in Million)


Rate (%)


Quotes




Tenor


Type


Offered


Accepted


High – Low


Accepted


Offered


Accepted



77-Day
Reverse Repo (Injection)
1,595,000
1,594,300
22.20 – 22
22.06
24
21



Total

1,595,000
1,594,300
 




The central bank also conducted a  Shariah-Compliant Modarabah-based OMO  today, in which it injected a total of Rs41.5 billion into the market.





Summary of OMO Result






 


 


Amount (Rs in Million)


Rate (%)


Quotes




Tenor


Type


Offered


Accepted


High – Low


Accepted


Offered


Accepted



77-Day
Shariah-Compliant Modarabah-based (Injection)
41,500
41,500
22.25 – 22.17
22.17
02
02



Total

41,500
41,500
 




 
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Posted on: 2023-08-25T13:36:41+05:00
The post SBP injects Rs1.59tr through reverse repo OMO appeared first on Mettis Global Link .