SBP injects Rs1.07tr via reverse-repo and Mudarabah OMOs
On 30 October the central bank channelled funds through reverse-repo and Shariah-compliant Mudarabah OMOs, accepting bank bids at returns of about 12 percent.
SBP injected Rs1,075.9 billion on 30 October to maintain market liquidity.
Rs886.15 billion went through reverse-repo purchase against 17 quotes; Rs189.75 billion via Mudarabah OMO.
Fourteen-day reverse-repo acceptance was Rs575.05 billion at 12.05 percent; seven-day reverse-repo took all Rs311.1 billion at 12.01 percent.
No bids came for the seven-day Mudarabah tenor; the full 14-day Mudarabah offer of Rs189.75 billion was accepted at 12.05 percent.