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KARACHI, Jan 09 (APP):The State Bank of Pakistan (SBP), on Friday, injected Rs 1,590.1 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 January 09, 2026, and injected Rs 1,296.1 billion against 9 bids while other Rs 294 billion were injected through Shariah Compliant Mudarabah based OMO.
The central bank received 6 bids for the Reverse Repo Purchase of 14-day tenor, cumulatively offering Rs 750.5 billion at the rate of return ranging between 10.53 to 10.56%. The SBP accepted the entire amount at 10.53% rate of return.
Moreover, the SBP also received 3 quotes for the 7-day tenor, cumulatively offering Rs 545.6 billion at the 10.52% rate of return. The SBP accepted the entire amount of the 3 bids at the offered rate.
Meanwhile, SBP also conducted Shariah Compliant Mudarabah based Open Market Operation for the 7 and 14-day tenors. The central bank received two quotes for the 7-day tenor offering Rs 284 billion at rate of return ranging between 10.55 to 10.56%. SBP accepted the entire amount at 10.55% rate of return.
The central bank also received one bid for the 14-day tenor offering Rs 10 billion at 10.54% rate of return. SBP accepted the quote with the entire amount at the offered rate.