February 09, 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 Rs503.8 billion into the market. Of which Rs382.8bn 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 |
7D | Reverse Repo (Injection) | 343,050 | 228,050 | 22.09 – 22.06 | 22.07 | 5 | 3 |
28D | Reverse Repo (Injection) | 200,300 | 154,750 | 22.08 – 22.05 | 22.07 | 11 | 7 |
Total | 543,350 | 382,800 |
Meanwhile, the remaining Rs121bn 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 |
7D | Reverse Repo (Injection) | 70,600 | 70,600 | 22.08 – 22.08 | 22.08 | 2 | 2 |
28D | Reverse Repo (Injection) | 50,400 | 50,400 | 22.11 – 22.07 | 22.07 | 3 | 3 |
Total | 121,000 | 121,000 |
Copyright Mettis Link News
Posted on:2024-02-16T13:05:59+05:00
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