SBP injects over Rs 13.85 trillion in the market

KARACHI, Jul 03 (APP): The State Bank of Pakistan (SBP), Friday, injected Rs 13,851 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 7 and 14-day tenors on July 03, 2026, and injected Rs 13,429 billion against 40 bids while other Rs 422 billion were injected through Shariah Compliant Mudarabah based OMO.

The central bank, for the Reverse Repo Purchase of 14-day tenor, received 35 bids cumulatively offering Rs 12,740.2 billion at the rate of return ranging between 11.51 to 11.57%. The SBP accepted Rs 12,240 billion against 35 quotes at 11.51% rate of return. The total amount offered at 11.51% was Rs 5,979 billion, out of which SBP accepted Rs 5,478.8 billion on a pro-rata basis.

Moreover, the SBP also received 5 bids for the 7-day tenor, cumulatively offering Rs 1,189 billion at the rate of return ranging between 11.54% to 11.55%. The SBP accepted all the 5 quotes with the entire amount at 11.54% rate of return.

Meanwhile, SBP also conducted Shariah Compliant Mudarabah based Open Market Operation for the 7 and 14-day tenors.

The central bank received 2 quotes for the 7-day tenor offering Rs 170 billion at rate of return ranging between 11.52 to 11.55%. SBP accepted the entire amount at 11.52% rate of return.

The central bank also received 3 bids for the 14-day tenor offering Rs 343 billion at the rate of return ranging between 11.52% to 11.60%. SBP accepted Rs 252 billion against 3 quotes at 11.52% rate of return. The total amount offered at 11.52% was Rs 203 billion, out of which SBP accepted Rs 112 billion on a pro-rata basis.