SBP injects over Rs 1 trillion to maintain liquidity in the market

KARACHI, Nov 13 (APP): The State Bank of Pakistan (SBP) injected Rs 1,049.85 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) on Friday for maintaining liquidity in the market.
The central bank conducted the Open Market Operation, Reverse Repo Purchase (Injection) for 7 and 14-day tenors on November 13, 2026, and injected Rs 854.65 billion against 15 quotes while other Rs 195.2 billion were injected through Shariah Compliant Mudarabah based OMO.
The central bank, for the Reverse Repo Purchase of 14-day tenor, received 18 bids cumulatively offering Rs 1,089 billion at the rate of return ranging between 12.02% to 12.08%. The SBP accepted Rs 722 billion against 9 quotes at 12.06% rate of return. The total amount offered at 12.06% was Rs 750 billion, out of which SBP accepted Rs 613 billion on a pro rata basis.
Moreover, the SBP also received 6 bids for the 7-day tenor, cumulatively offering Rs 132.65 billion at the rate of return ranging between 12.02% to 12.09 %. The SBP accepted all the 6 quotes with the entire amount at 12.02% 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 one bid for the 7-day tenor, offering Rs 42 million at 12.06% rate of return which was accepted at the offered rate.
The central bank, for the 14-day tenor, received 4 quotes offering Rs 279.8 billion at rate of return ranging between 12.04% to 12.07%. SBP accepted an amount of Rs 153.2 billion against the 4 quotes at 12.04% rate of return. The total amount offered at 12.04% was Rs 245 billion, out of which SBP accepted Rs 118.4 billion on a pro rata basis.