KARACHI, Jun 13 (APP):The State Bank of Pakistan (SBP) injected Rs 13,514 billion in the market through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) on Friday.
The central bank conducted the Open Market Operation, Reverse Repo Purchase (Injection) for 7 and 14 day tenors on June 13, 2025 and accepted an amount of Rs 13,103 billion against 33 quotes while another Rs 411 billion were injected through Shariah Compliant Mudarabah based OMO.
For the Reverse Repo Purchase, SBP received 30 quotes for the 7-day tenor cumulatively offering Rs 12,829.4 billion at the rate of return ranging between 11.03% to 11.16%. SBP accepted an amount of Rs 12,650 billion against 30 quotes at 11.03% rate of return. The total amount offered at 11.03% was Rs 3,026.1 billion, out of which SBP accepted Rs 2,846.7 billion on a pro-rata basis.
Moreover, the SBP also received 3 bids for the 14-day tenor cumulatively offering Rs 453 billion at the rate of return ranging between 11.08 to 11.13%. The SBP accepted all the 3 quotes with the entire amount at 11.08% rate of return.
Meanwhile, SBP also conducted Shariah Compliant Mudarabah based Open Market Operation for 7 and 14 day tenors. The central bank received no bid for 14-day tenor while 5 bids were received for 7-day tenor offering Rs 411 billion at rate of return ranging between 11.11% to 11.13%. SBP accepted the 5 bids with the entire amount at 11.11% rate of return.
