SBP injects over Rs 3,276 billion in the market

KARACHI, Aug 07 (APP): The State Bank of Pakistan (SBP) injected Rs 3,276.6 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) on Friday to maintain liquidity in the market.

The central bank conducted the Open Market Operation, Reverse Repo Purchase (Injection) for 10 and 14-day tenors on August 07, 2026, and injected Rs 2,656.6 billion against 23 bids while other Rs 620 billion were injected through Shariah Compliant Mudarabah based OMO.

The central bank, for the Reverse Repo Purchase of 14-day tenor, received 17 bids cumulatively offering Rs 2,965.65 billion at the rate of return ranging between 11.51 to 11.56%. The SBP accepted Rs 2,500 billion against 17 quotes at 11.51% rate of return. The total amount offered at 11.51% was Rs 1,577 billion, out of which SBP accepted Rs 1,111.35 billion on a pro-rata basis.

Moreover, the SBP also received 6 bids for the 10-day tenor, cumulatively offering Rs 156.6 billion at the rate of return ranging between 11.54% to 11.56%. 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 10 and 14-day tenors. The central bank received 6 quotes for the 10-day tenor offering Rs 170 billion at rate of return ranging between 11.55 to 11.58%. SBP accepted the entire amount against all the 6 bids at 11.55% rate of return.

The central bank also received 4 bids for the 14-day tenor offering Rs 487 billion at rate of return ranging between 11.52% to 11.56%. SBP accepted Rs 450 billion at 11.52% rate of return. The total amount offered at 11.52% was Rs 385 billion, out of which SBP accepted Rs 348 billion on a pro-rata basis.