SBP injects Rs 1240.75 bn into market

KARACHI, Jul 29 (APP): State Bank of Pakistan on Friday injected Rs 1,240.75 billion into money market for 63 days through its open market operation.

An amount of Rs 1,166.75 were pumped as reverse repo purchase at 15.09 % rate of return accepted per annum and Rs 74 billion ( face value of collateral) as Shariah Compliant Mudaraba based OMO at 15.09 rate of rental accepted.
APP/ah