Could 30, 2025 (MLN): The State Financial institution of Pakistan (SBP) carried out a reverse repo and Shariah Compliant Modarabah based mostly Open Market Operation (OMO) at present, through which it cumulatively injected a complete of Rs1.14 trillion into the market of which Rs970 billion had been injected by reverse repo OMO.
| Abstract of OMO Consequence (Typical) | |||||||
|---|---|---|---|---|---|---|---|
| Quantity (Rs in Million) | Fee (%) | Quotes | |||||
| Tenor | Sort | Supplied | Accepted | Excessive – Low | Accepted | Supplied | Accepted |
| 7D | Reverse Repo (Injection) | 250,000 | 250,000 | 11.13 – 11.10 | 11.10 | 03 | 03 |
| 14D | Reverse Repo (Injection) | 1,044,800 | 720,000 | 11.12 – 11.07 | 11.08 | 11 | 07 |
| Complete | 1,294,800 | 970,000 | |||||
In the meantime, the remaining Rs178bn was injected by Shariah-compliant Modarabah-based OMO.
| Abstract of OMO Consequence (Shariah) | |||||||
|---|---|---|---|---|---|---|---|
| Quantity (Rs in Million) | Fee (%) | Quotes | |||||
| Tenor | Sort | Supplied | Accepted | Excessive – Low | Accepted | Supplied | Accepted |
| 6D | Reverse Repo (Injection) | 90,000 | 90,000 | 11.11 – 11.10 | 11.10 | 03 | 03 |
| 14D | Reverse Repo (Injection) | 88,000 | 88,000 | 11.10 – 11.10 | 11.10 | 01 | 01 |
| Complete | 178,000 | 178,000 | |||||
Explanatory Notice
Open Market Operation is a instrument utilized by SBP to inject or mop-up funds, based mostly on the liquidity necessities, from the banking system through the acquisition or sale of eligible securities.
Operationally, in case of OMO (Injections), SBP lends funds to banks/Major Sellers (PDs) in opposition to eligible collateral to deal with liquidity scarcity within the system.
For OMO (Injections), marketable authorities securities, i.e. Market Treasury Payments (MTBs) and Pakistan Funding Bonds (PIBs) are eligible securities.
In OMO (Mop-up), SBP sells MTBs to banks in opposition to funds to take away surplus liquidity from the system.
Eligible collateral for OMO (Mop-up) consists of promoting MTBs (on repo or outright foundation) to banks for eradicating extra liquidity from the system.
In case of Bai-Muajjal, a Shariah compliant instrument for managing liquidity within the Islamic banking system, GOP Ijara Sukuk are eligible securities.
Banks and PDs are eligible counterparties to OMO transactions. For Bai Muajjal transactions, Islamic banks and specialised Islamic home windows of standard banks are eligible counterparties.
Copyright Mettis Hyperlink Information
Posted on: 2025-05-30T15:24:23+05:00
The put up OMO Consequence: SBP injects round Rs1tr appeared first on Mettis World Hyperlink.
#OMO #Consequence #SBP #injects #Rs1tr
Leave a Reply