February 02, 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 Rs8.93 trillion into the market. Of which Rs8.66tr 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) | 394,200 | 394,200 | 22.09 – 22.07 | 22.07 | 07 | 07 |
14-Day | 222,650 | 222,650 | 22.08 – 22.06 | 22.06 | 05 | 05 | |
28-Day | 8,043,850 | 8,043,850 | 22.10 – 22.05 | 22.05 | 31 | 31 | |
Total | 8,660,700 | 8,660,700 |
Meanwhile, the remaining Rs273 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) | 116,000 | 116,000 | 22.10 – 22.08 | 22.08 | 03 | 03 |
14-Day | 157,000 | 157,000 | 22.12 – 22.07 | 22.07 | 04 | 04 | |
28-Day | – | – | No Bid Received | – | – | – | |
Total | 273,000 | 273,000 |
Copyright Mettis Link News
Posted on:2024-02-02T12:44:10+05:00
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