January 19, 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 Rs2.17 trillion into the market. Of which Rs2.09tr 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) | 1,407,200 | 1,407,200 | 22.11 – 22.07 | 22.07 | 13 | 13 |
14-Day | 725,450 | 578,450 | 22.10 – 22.04 | 22.06 | 14 | 13 | |
28-Day | 107,950 | 104,850 | 22.10 – 22.04 | 22.06 | 08 | 06 | |
Total |
2,240,600 | 2,090,500 |
|
Meanwhile, the remaining Rs82 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) | 57,000 | 7,000 | 22.07 – 22.05 | 22.07 | 03 | 02 |
14-Day | 75,000 | 75,000 | 22.11 – 22.05 | 22.05 | 02 | 02 | |
28-Day | – | – | No Bid Received | – | – | – | |
Total |
132,000 | 82,000 |
|
Copyright Mettis Link News
Posted on:2024-01-19T12:50:55+05:00
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