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KARACHI, Nov 07 (APP):The State Bank of Pakistan (SBP) on Friday injected Rs 1,800 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) on Friday to maintain liquidity in the market.
The central bank conducted the Open Market Operation, Reverse Repo Purchase (Injection) for 7 and 14-day tenors on November 07, 2025, and injected Rs 1,590.2 billion against 18 bids while another Rs 209.9 billion were inserted through Shariah Compliant Mudarabah based OMO.
For the Reverse Repo Purchase of 7-day tenor, the central bank received 5 bids cumulatively offering Rs 90 billion at the rate of return ranging between 11.03 percent to 11.05 percent. The SBP accepted the entire amount at 11.03 percent rate of return.
Moreover, the SBP also received 13 bids for the 14-day tenor cumulatively offering Rs 1,601.2 billion at the rate of return ranging between 11.01 to 11.10 percent. The SBP accepted Rs 1,500.2 billion against all the 13 quotes at 11.01 percent rate of return. The total amount offered at 11.01 percent was Rs 643 billion, out of which SBP accepted Rs 542 billion on a pro-rata basis.
Meanwhile, SBP also conducted Shariah Compliant Mudarabah based Open Market Operation for the 7 and 14-day tenors. The central bank received no bid for the 14-day tenor while 3 quotes were received for the 7-day tenor offering Rs 209.9 billion at rate of return ranging between 11.05 to 11.08 percent. The SBP accepted all the 3 quotes with the entire amount at 11.05 percent rate of return.