The State Bank of Pakistan (SBP) injected Rs 2,198.8 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) on Friday to maintain liquidity in the market.
The central bank conducted the Open Market Operation, Reverse Repo Purchase (Injection) for 7 and 14-day tenors on January 23, 2026, and injected Rs 1,648.8 billion against 14 bids while other 550 billion were injected through Shariah Compliant Mudarabah based OMO.
The central bank received no bid for the Reverse Repo Purchase of 14-day tenor, while for the 7-day tenor it received 14 quotes cumulatively offering Rs 1,648.8 billion at the rate of return ranging between 10.51 to 10.56%. The SBP accepted all the bids with the entire amount at 10.51% rate of return.
Meanwhile, SBP also conducted Shariah Compliant Mudarabah based Open Market Operation for the 7 and 14-day tenors. The central bank received no bid for the 14-day tenor while 6 quotes were filed for the 7-day tenor offering Rs 644 billion at rate of return ranging between 10.51 to 10.56%.
SBP accepted Rs 550 billion against 6 bids at 10.51% rate of return. The total amount offered at 10.51% was Rs 153 billion out of which SBP accepted Rs 59 billion on a pro-rata basis.