January 05, 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 Rs1.25 trillion into the market. Of which Rs1.21tr 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 |
07-Day | Reverse Repo (Injection) | 101,700 | 101,700 | 22.12 – 22.10 | 22.10 | 02 | 02 |
14-Day | 103,650 | 103,650 | 22.12 – 22.06 | 22.06 | 06 | 06 | |
28-Day | 1,383,300 | 1,000,000 | 22.10 – 22.03 | 22.04 | 20 | 19 | |
Total |
1,588,650 | 1,205,350 |
|
Meanwhile, the remaining Rs49 billion 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 |
07-Day | Reverse Repo (Injection) | 26,000 | 26,000 | 22.10 – 22.07 | 22.07 | 03 | 03 |
14-Day | 23,000 | 23,000 | 22.12 – 22.09 | 22.09 | 02 | 02 | |
28-Day | – | – | No Bid Received | – | – | – | |
Total |
49,000 | 49,000 |
|
Copyright Mettis Link News
Posted on:2024-01-05T15:03:29+05:00
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