Today, the State Bank of Pakistan (SBP) carried out an Open Market Operation (OMO) along with a Shariah-compliant Mudarabah OMO. In this operation, a combined amount of Rs235.2 billion was injected into the market. Out of this total, Rs175.2 billion was injected into the market through the reverse repo mechanism.
While additional PKR60billion were injected through Sharia Compliant Open Market Operation (OMO).
OMO was conducted for 4 days maturity with cut-off rate of 21.1%.
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