November 17, 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 Rs1.7 trillion into the market. Of which Rs1.54tr 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) | 283,000 | 283,000 | 22.12 – 22.06 | 22.06 | 12 | 12 |
14-Day | 251,900 | 241,700 | 22.15 – 22.01 | 22.06 | 15 | 12 | |
28-Day | 1,054,250 | 1,014,050 | 22.10 – 22.02 | 22.06 | 18 | 14 | |
Total |
1,589,150 | 1,538,750 |
|
Meanwhile, the remaining Rs164bn 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) | 82,000 | 82,000 | 22.07 – 22.07 | 22.07 | 01 | 01 |
14-Day | 82,000 | 82,000 | 22.07 – 22.07 | 22.07 | 01 | 01 | |
28-Day | No Bid Received | – | – | – | |||
Total |
164,000 | 164,000 |
|
Copyright Mettis Link News
Posted on:2023-11-17T12:48:22+05:00
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