August 24, 2023 (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 Rs39.8 billion into the market. Of which Rs14.8bn 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 |
| 8-Day | Reverse Repo (Injection) | 14,800 | 14,800 | 22.17 – 22.15 | 22.15 | 03 | 03 |
|
Total |
14,800 | 14,800 | |||||
Meanwhile, the remaining Rs25bn was injected through Shariah-Compliant Modarabah-based OMO.
|
Summary of OMO Result |
|||||||
|---|---|---|---|---|---|---|---|
|
|
|
Amount (Rs in Million) |
Rate (%) |
Quotes |
|||
|
Tenor |
Type |
Offered |
Accepted |
High – Low |
Accepted |
Offered |
Accepted |
| 8-Day | Reverse Repo (Injection) | 25,000 | 25,000 | 22.15 – 22.15 | 22.15 | 01 | 01 |
|
Total |
25,000 | 25,000 | |||||
Copyright Mettis Link News
Posted on:2023-08-24T12:10:57+05:00
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