State Bank of Pakistan conducts Open Market Operation

Karachi, August 03, 2018 (PPI-OT):
State Bank of Pakistan conducted its Open Market Operation, Reverse Repo Purchase (Injection), in following contracts on August 3, 2018. Quotes received and accepted are as given below:

A: OMOs

        NO                OMO Tenor                        Range            Number of Quotes Offered


        1           07 ­ Days (Injection)              7.61% - 7.53%                  23


B: OMO RESULT
                                                                                                   (Rs. in Millions)

                                                                               Rate of Return
                                        Amount               Amount                             Number of
 NO           OMO Tenor                                                          Accepted
                                        Offered              Accepted                         Quotes Accepted
                                                                                 (% p.a.)

 1            07 ­ Days              1,419,200.00          1,399,900.00           7.54 1/-          22


           Total                     1,419,200.00          1,399,900.00

1/- Total amount offered at 7.54% was Rs 230,500.0 mio out of which SBP accepted Rs. 212,700.0 mio on pro-rata Basis.

For more information, contact:
Chief Spokesman,
State Bank of Pakistan (SBP)
Central Directorate
I.I. Chundrigar Road, Karachi, Pakistan
Tel: +92-21-111-727-111
Tel: +92-21-39212562
Fax: +92-21-39212433 – 39212436
Email: chief.spokesperson@sbp.org.pk
Website: www.sbp.org.pk