September 08, 2023 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation (OMO), and Shariah-compliant Mudarabah OMO today, in which it cumulatively injected a total of Rs1.42 trillion into the market. Of which Rs1.41tr were injected through reverse repo purchase.
Summary of OMO Result |
|||||||
---|---|---|---|---|---|---|---|
|
|
Amount (Rs in Millions) |
Rate (%) |
Quotes |
|||
Tenor |
Type |
Offered |
Accepted |
High – Low |
Accepted |
Offered |
Accepted |
07-Day | Reverse Repo (Inject) | 126,050 | 126,050 | 22.15 – 22.15 | 22.15 | 01 | 01 |
77-Day | 1,293,050 | 1,293,050 | 22.51 – 22.11 | 22.11 | 23 | 23 | |
Total |
1,419,100 | 1,419,100 |
|
The remaining Rs5.5bn was injected through Shariah-compliant Modarabah-based OMO.
Summary of Shariah-Compliant Mudarabah-based OMO Result | |||||||
---|---|---|---|---|---|---|---|
|
|
Amount (Rs in millions) |
Rate (%) |
Bids |
|||
Tenor |
Type |
Offered |
Accepted |
High – Low |
Accepted |
Offered |
Accepted |
07-Day | Shariah Compliant (Injection) | – | – | No Bid Received | – | – | – |
77-Day | 5,500 | 5,500 | 22.35 – 22.32 | 22.32 | 02 | 02 | |
Total |
5,500 | 5,500 |
|
Copyright Mettis Link News
Posted on:2023-09-08T12:55:26+05:00
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