February 09, 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 Rs1.68 trillion into the market. Of which Rs1.52tr 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 |
| 7D | Reverse Repo (Injection) | 221,050 | 221,050 | 22.1 – 22.06 | 22.06 | 5 | 5 |
| 14D | Reverse Repo (Injection) | 117,000 | 117,000 | 22.12 – 22.07 | 22.07 | 6 | 6 |
| 28D | Reverse Repo (Injection) | 1,179,400 | 1,179,400 | 22.1 – 22.05 | 22.05 | 18 | 18 |
| Total | 1,517,450 | 1,517,450 | |||||
Meanwhile, the remaining Rs158 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 |
| 7D | Reverse Repo (Injection) | 1,000 | 1,000 | 22.08 – 22.08 | 22.08 | 1 | 1 |
| 14D | Reverse Repo (Injection) | 157,000 | 157,000 | 22.11 – 22.07 | 22.07 | 4 | 4 |
| 28D | Reverse Repo (Injection) | – | – | No Bid Received | – | – | – |
| Total | 158,000 | 158,000 | |||||
Copyright Mettis Link News
Posted on:2024-02-09T12:52:08+05:00
43185
