OMO: SBP Rejects Bids For 74-Day Reverse Repo Purchase

July 4, 2022 (MLN): State Bank of Pakistan (SBP) on Monday rejected total bids of Rs 1.9 trillion offered for 74-day reverse repo purchase (injection) during the open market operation.

Summary of OMO Result

Amount (Rs in millions)

Rate (%)

Bids

Tenor

Type

offered

Accepted

High Low

Accepted

offered

Accepted

74 days

Reverse repo (injection)

1,910.350

Bids declined

13.97-13.84

28

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