SBP mops up Rs 198 billion from the market

KARACHI, Apr 22 (APP):The State Bank of Pakistan (SBP), Wednesday, mopped up Rs 198 billion through Repo Sale to maintain liquidity in the market.

The central bank conducted the Open Market Operation, Repo Sale (Mop-up) for a 2-day tenor on April 22, 2026, and took off Rs 198 billion against 6 bids from the market.

The central bank, for the Repo Sale of 2-day tenor, received 8 bids cumulatively offering Rs 238 billion at the rate of return ranging between 10.34 to 10.69%. The SBP accepted 6 quotes amounting to Rs 198 billion at 10.49% rate of return.