SBP injects Rs 12.93 trillion in market to maintain liquidity

KARACHI, Jul 17 (APP): The State Bank of Pakistan (SBP) injected Rs 12,929.05 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 7 and 14-day tenors on July 17, 2026, and injected Rs 12,505.85 billion against 41 bids while other Rs 423.2 billion were injected through Shariah Compliant Mudarabah based OMO.

The central bank, for the Reverse Repo Purchase of 14-day tenor, received 31 bids cumulatively offering Rs 12,623.35 billion at the rate of return ranging between 11.51 to 11.57%. The SBP accepted Rs 12,250 billion against 31 quotes at 11.51% rate of return. The total amount offered at 11.51% was Rs 5,538 billion, out of which SBP accepted Rs 5,420.5 billion on a pro-rata basis.

Moreover, the SBP also received 10 bids for the 7-day tenor, cumulatively offering Rs 255.85 billion at the rate of return ranging between 11.54% to 11.56%. The SBP accepted all the 10 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 5 quotes for the 7-day tenor offering Rs 63.2 billion at the rate of return ranging between 11.53 to 11.56%. SBP accepted the entire amount at 11.53% rate of return.

The central bank also received 4 bids for the 14-day tenor offering Rs 448 billion at the rate of return ranging between 11.52 to 11.57%. SBP accepted Rs 360 billion at 11.52% rate of return. The total amount offered at 11.52% was Rs 258 billion, out of which SBP accepted Rs 170 billion on a pro-rata basis.