November 24, 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 Rs2.12 trillion into the market. Of which Rs1.92tr 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) | 581,350 | 581,350 | 22.12 – 22.06 | 22.06 | 16 | 16 |
14-Day | 394,500 | 394,500 | 22.12 – 22.07 | 22.07 | 09 | 09 | |
28-Day | 947,250 | 947,250 | 22.10 – 22.06 | 22.06 | 10 | 10 | |
Total |
1,923,100 | 1,923,100 |
|
Meanwhile, the remaining Rs200 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) | 70,000 | 70,000 | 22.07 – 22.07 | 22.07 | 01 | 01 |
14-Day | 130,000 | 130,000 | 22.11 – 22.07 | 22.07 | 02 | 02 | |
28-Day | No Bid Received | – | – | – | |||
Total |
200,000 | 200,000 |
|
Copyright Mettis Link News
Posted on:2023-11-24T13:43:35+05:00
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