December 22, 2023 (MLN): The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs2.72 trillion into the market. Of which Rs2.66tr 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) | 689,450 | 689,450 | 22.10 – 22.06 | 22.06 | 10 | 10 |
14-Day | 242,500 | 242,500 | 22.12 – 22.07 | 22.07 | 06 | 06 | |
28-Day | 1,723,600 | 1,723,600 | 22.15 – 22.04 | 22.04 | 20 | 20 | |
Total |
2,655,550 | 2,655,550 |
|
Meanwhile, the remaining Rs68 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) | – | – | No Bid Received | – | – | – |
14-Day | 68,000 | 68,000 | 22.11 – 22.09 | 22.09 | 02 | 02 | |
28-Day | – | – | No Bid Received | – | – | – | |
Total |
68,000 | 68,000 |
|
Copyright Mettis Link News
Posted on:2023-12-22T12:37:02+05:00
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