SBP injects Rs862.350b into market

Author: Monitoring Desk

State Bank of Pakistan on Friday injected Rs862.350b into money market for 63 days through its Open Market Operation. Rs848.350b were injected as reverse repo purchase on 15.12pc rate of return accepted. Whereas, Rs14b (face value of collateral) were injected as Shariah compliant Mudarabah based OMO with 15.11pc cut-off rate.

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