SBP injects Rs1.02 trillion into banking system through conventional, Islamic OMOs

The State Bank of Pakistan allotted funds worth Rs1.021 trillion on a realised-value basis in Friday’s conventional and Shariah-compliant liquidity operations, Profit by Pakistan Today reported. The transactions, dated November 13, were arranged for seven- and 14-day periods. Conventional reverse repos made up Rs829.636 billion, while the Islamic Mudarabah facility accounted for Rs191.7 billion.

For conventional operations, accepted realised-value bids stood at Rs129.810 billion for seven days at 12.02% and Rs699.826 billion for 14 days at 12.06%. In the Islamic facility, allocations were Rs41.7 billion at 12.06% for seven days and Rs150 billion at 12.04% for 14 days. Across the two formats, bids totalled Rs1.543 trillion by face value, with Rs1.050 trillion accepted on that basis.