December 15, 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 Rs5.6 trillion into the market. Of which Rs5.3tr 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) | 318,000 | 318,000 | 22.11 – 22.08 | 22.08 | 05 | 05 |
14-Day | 107,500 | 107,500 | 22.11 – 22.05 | 22.05 | 06 | 06 | |
28-Day | 5,086,250 | 4,973,250 | 22.16 – 22.03 | 22.04 | 32 | 31 | |
Total |
5,511,750 | 5,398,750 |
|
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) | 72,500 | 72,500 | 22.09 – 22.07 | 22.07 | 02 | 02 |
14-Day | 7,500 | 7,500 | 22.09 – 22.09 | 22.09 | 01 | 01 | |
28-Day | 120,000 | 120,000 | 22.08 – 22.08 | 22.08 | 01 | 01 | |
Total |
200,000 | 200,000 |
|
Copyright Mettis Link News
Posted on:2023-12-15T15:47:21+05:00
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