OMO Result: SBP injects over Rs12tr

According to Mettis Global, the State Bank of Pakistan injected a combined Rs12.24 trillion into the banking system on August 28, 2026 through a reverse repo auction and a separate operation built on Modarabah. Of that total, Rs11.57 trillion came through the conventional reverse repo window, while the remaining Rs668 billion was supplied via the Islamic mechanism.

In the conventional auction, the seven-day tenor cleared at 11.54 per cent, while the 14-day tranche was accepted at 11.51 per cent on a pro-rata basis. The Shariah leg was priced at 11.53 per cent in both tenors, and its longer tenor was also allotted on a pro-rata basis.

According to the explanatory note in the release, SBP extends funds to banks and primary dealers against eligible collateral to tackle a shortage of liquidity. Marketable government securities, including treasury bills and investment bonds, count as eligible collateral for these injections.