The State Bank of Pakistan (SBP) on Friday injected Rs 2,943.4 billion into the financial market through its reverse repo purchase and Shariah-compliant Mudarabah-based Open Market Operations (OMO).
The central bank conducted the reverse repo purchase for a 7-day tenor on April 04, 2025, accepting Rs 2,386.9 billion from 22 bids, alongside another Rs 556.5 billion injected via Shariah-compliant Mudarabah OMO.
In the reverse repo operation, the SBP received 22 bids totaling Rs 2,386.9 billion, with the rate of return ranging between 12.07% and 12.15%. The central bank accepted the full amount offered through these 22 bids at a rate of return of 12.07%.
Additionally, the SBP carried out a Shariah-compliant Mudarabah-based OMO for the same 7-day tenor. The central bank received 10 bids totaling Rs 556.5 billion, with the return rate ranging from 12.09% to 12.15%.
The entire amount offered through these 10 bids was accepted at a rate of return of 12.09%.