March 08, 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 Rs7.63 trillion into the market. Of which Rs7.51tr were injected through reverse repo OMO.
| Summary of OMO Result (Reverse Repo) | |||||||
|---|---|---|---|---|---|---|---|
| Amount (Rs in Million) | Rate (%) | Quotes | |||||
| Tenor | Type | Offered | Accepted | High – Low | Accepted | Offered | Accepted |
| 7D | Reverse Repo (Injection) | 7,262,600 | 7,262,600 | 22.11 – 22.05 | 22.05 | 27 | 27 |
| 28D | Reverse Repo (Injection) | 246,200 | 246,200 | 22.1 – 22.04 | 22.04 | 10 | 10 |
| Total | 7,508,800 | 7,508,800 | |||||
Meanwhile, the remaining Rs120.5 billion was injected through Shariah-compliant Modarabah-based OMO.
| Summary of OMO Result (Shariah) | |||||||
|---|---|---|---|---|---|---|---|
| Amount (Rs in Million) | Rate (%) | Quotes | |||||
| Tenor | Type | Offered | Accepted | High – Low | Accepted | Offered | Accepted |
| 7D | Reverse Repo (Injection) | 120,500 | 120,500 | 22.1 – 22.08 | 22.08 | 4 | 4 |
| 28D | Reverse Repo (Injection) | – | – | – | – | – | – |
| Total | 120,500 | 120,500 | |||||
Copyright Mettis Link News
Posted on:2024-03-08T11:46:20+05:00
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