KARACHI, Feb 23 (APP): The State Bank of Pakistan (SBP), Monday, injected Rs 425 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) to maintain liquidity in the market.
The central bank conducted the Open Market Operation, Reverse Repo Purchase (Injection) for 4-day tenor on February 23, 2026, and injected Rs 75 billion while other Rs 350 billion were injected through Shariah Compliant Mudarabah based OMO.
The central bank, for the Reverse Repo Purchase of 4-day tenor, received 9 bids cumulatively offering Rs 381.05 billion at the rate of return ranging between 10.51 to 10.57%. The SBP accepted Rs 75 billion against 5 quotes at 10.55% rate of return. The total amount offered at 10.55% was Rs 329.5 billion, out of which SBP accepted Rs 60 billion on a pro-rata basis.
Meanwhile, SBP also conducted Shariah Compliant Mudarabah based Open Market Operation for the 4-day tenor. The central bank received 6 quotes offering Rs 396 billion at rate of return ranging between 10.54 to 10.58%. SBP accepted Rs 350 billion against 6 bids at 10.54% rate of return.
The total amount offered at 10.54% was Rs 220 billion, out of which SBP accepted Rs 174 billion on a pro-rata basis.