KARACHI – The State Bank of Pakistan (SBP) has injected a total of Rs4,245.5 billion into the money market through Reverse Repo Purchase and Shariah Compliant Mudarabah-based Open Market Operations (OMO) to maintain liquidity and ensure smooth financial operations.
According to details, the SBP conducted the Open Market Operation (Reverse Repo Purchase) on October 24, 2025, for 7-day and 14-day tenors, injecting Rs3,914.5 billion against 27 quotes, while an additional Rs331 billion was introduced through Shariah-compliant OMO.
Read More: SBP reserves rise to $14.45 billion
For the 7-day tenor, the central bank received 18 bids amounting to Rs3,643 billion, with rates ranging between 11.00% and 11.07%. The SBP accepted Rs3,642.5 billion at a return rate of 11.01%. Meanwhile, for the 14-day tenor, 11 bids totalling Rs272.5 billion were received at rates between 11.00% and 11.10%, of which 10 quotes amounting to Rs272 billion were accepted at 11.02%.
In the Shariah Compliant Mudarabah-based OMO, the SBP received four bids for the 7-day tenor, offering Rs331 billion at rates between 11.06% and 11.12%. The entire amount was accepted at 11.06%, while no bids were received for the 14-day tenor.
Read More: Digital banking users may face disruption due to SBP rules
The massive liquidity injection comes amid the central bank’s ongoing efforts to stabilise short-term interest rates and ensure adequate liquidity in the interbank market, reflecting its commitment to maintaining financial stability and supporting economic activity.