March 01, 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 Rs8.09 trillion into the market. Of which Rs7.9tr 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) | 6,104,200 | 6,104,200 | 22.13 – 22.04 | 22.04 | 23 | 23 |
28D | Reverse Repo (Injection) | 1,795,050 | 1,795,050 | 22.12 – 22.06 | 22.06 | 17 | 17 |
Total | 7,899,250 | 7,899,250 |
Meanwhile, the remaining Rs190 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) | 190,000 | 190,000 | 22.1 – 22.08 | 22.08 | 4 | 4 |
28D | Reverse Repo (Injection) | – | – | – | – | – | – |
Total | 190,000 | 190,000 |
Copyright Mettis Link News
Posted on:2024-03-01T12:28:56+05:00
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