December 01, 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 Rs1.288 trillion into the market. Of which Rs1.218tr 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) | 762,250 | 580,750 | 22.12 – 22.06 | 22.08 | 13 | 10 |
| 14-Day | 761,050 | 516,200 | 22.12 – 22.06 | 22.09 | 16 | 09 | |
| 28-Day | 123,800 | 121,800 | 22.11 – 22.06 | 22.08 | 15 | 03 | |
|
Total |
1,647,100 | 1,218,750 |
|
||||
Meanwhile, the remaining Rs70 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) | – | – | No Bid Received | – | – | – |
| 14-Day | 70,000 | 70,000 | 22.07 – 22.07 | 22.07 | 02 | 02 | |
| 28-Day | – | – | No Bid Received | – | – | – | |
|
Total |
70,000 | 70,000 |
|
||||
Copyright Mettis Link News
Posted on:2023-12-01T12:24:56+05:00
41846
