SBP injects Rs 13.4 trillion in the market

KARACHI, Mar 13 (APP):The State Bank of Pakistan (SBP), on Friday, injected Rs 13,394 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 the 14-day tenor on March 13, 2026, and injected Rs 12,700 billion against 29 bids while other Rs 694 billion were injected through Shariah Compliant Mudarabah based OMO.

The central bank, for the Reverse Repo Purchase of 14-day tenor, received 29 bids cumulatively offering Rs 12,821.15 billion at the rate of return ranging between 10.51 to 10.59%. The SBP accepted Rs 12,700 billion against 29 quotes at 10.51% rate of return. The total amount offered at 10.51% was Rs 5,772 billion, out of which SBP accepted Rs 5,650.85 billion on a pro-rata basis.

Meanwhile, SBP also conducted Shariah Compliant Mudarabah based Open Market Operation for the 14-day tenor. The central bank received 12 quotes offering Rs 694 billion at rate of return ranging between 10.53 to 10.58%. SBP accepted the entire amount against 12 quotes at 10.53% rate of return.