January 26, 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 Rs7.36 trillion into the market. Of which Rs7.09tr 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) | 7,232,500 | 235,000 | 22.16 – 22.04 | 22.04 | 30 | 30 |
14-Day | 145,800 | 145,800 | 22.12 – 22.06 | 22.06 | 8 | 8 | |
28-Day | 12,050 | 12,050 | 22.08 – 22.04 | 22.04 | 4 | 4 | |
Total | 7,390,350 | 7,090,350 |
Meanwhile, the remaining Rs273.5 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) | 230,500 | 230,500 | 22.11 – 22.08 | 22.08 | 5 | 5 |
14-Day | 43,000 | 43,000 | 22.11 – 22.11 | 22.11 | 1 | 1 | |
28-Day | – | – | No Bid Received | – | – | – | |
Total | 273,500 | 273,500 |
Copyright Mettis Link News
Posted on:2024-01-26T13:06:59+05:00
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