OMO: SBP Injects Rs310.4 Billion Into Market For 1 Day – Mettis Global Link

Aug 18, 2022 (MLN): State Bank of Pakistan injected Rs310.4 billion into the money market on Thursday through reverse repurchase purchases at a return of 15.16%.

According to the SBP statement, SBP received 11 bids ranging from 15.12 to 15.3 to raise Rs412.9bn. However, SBP accepted 9 bids worth Rs310.4bn.

Summary of OMO Result

Amount (Rs in millions)

Rate (%)

Bids

Tenor

Type

offered

Accepted

High Low

Accepted

offered

Accepted

1 day

Reverse repo (injection)

412,900

310,400

15.12-15.3

15.16

11

09

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Posted on:202-08-18T14:07:18+05:00

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