OMO Result: SBP injects Rs912.65bn

June 9, 2023

June 09, 2023 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation (OMO), and Shariah-compliant Mudarabah OMO today, in which it cumulatively injected a total of Rs912.65 billion into the market.

Summary of OMO Result
		Amount (Rs in Millions)		Rate (%)		Bids
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
7-Day	Reverse Repo (Inject)	109,050	109,050	21.15 – 21.08	21.08	07	07
77-Day		745,600	745,600	21.15 – 21.01	21.01	21	21
Total		854,650	854,650

Of Rs912.65, SBP injected Rs58bn into the market through Shariah-compliant Mudarabah OMO.

Summary of Shariah-Compliant Mudarabah-based OMO Result
		Amount (Rs in Millions)		Rate (%)		Quotes
Tenor	Type	Offered	Accepted	High – Low	Accepted	Offered	Accepted
7-Day	Reverse Repo (Injection)			NO BID RECEIVED	–	–	–
77-Day		58,000	58,000	21.16 – 21.09	21.09	03	03
Total		58,000	58,000