SBP injects Rs 10.95 billion in OMO

SBP injects Rs 10.95 billion in OMO
Updated on

Summary The State Bank of Pakistan (SBP) has injected Rs 10.95 billion in the money market to end the liquidity crunch.

The SBP conducted Open Market Operation (OMO) under reverse repo and accepted bids for market treasury bills and Pakistan Investment Bonds. According to an announcement of the SBP, the amount is offered for 4 days at 12.91 percent. Primary dealers have offered a bid of Rs 21.65 billion in OMO.
Browse Topics