The State Bank of Pakistan (SBP) injected Rs13.514 trillion into the banking system on June 13, 2025, to support liquidity amid economic challenges. This large-scale liquidity infusion was done through various Open Market Operations (OMO), including reverse repo purchases and Shariah-compliant Mudarabah-based operations. These measures aim to stabilize the financial markets and help banks manage short-term funding needs.
Of the total amount, Rs12.8 trillion was injected through seven-day reverse repo tenders. The SBP received 30 bids with a return rate ranging from 11.03% to 11.16% and accepted Rs12.65 trillion at the lower rate of 11.03%. This indicates strong demand from banks for short-term funding at competitive rates.
In addition, Rs453 billion was injected via 14-day reverse repo tenders. The SBP accepted all bids at an 11.08% return rate. This injection helps banks with liquidity for a slightly longer duration, ensuring smooth cash flow in the banking sector during uncertain times.
Furthermore, the SBP conducted Shariah-compliant Mudarabah-based OMOs, injecting Rs411 billion. While no bids came for the 14-day tenor, five bids were accepted for the seven-day tenor at an 11.11% return rate. This reflects growing interest in Islamic financing instruments within Pakistan’s banking system.
This liquidity support comes as part of SBP’s ongoing efforts to assist government financing amid conditions set by the International Monetary Fund (IMF). By maintaining adequate liquidity, the central bank aims to stabilize the financial system and support economic growth during fiscal pressures.