Karachi: The State Bank of Pakistan (SBP), Friday, injected Rs 12,384.1 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) to maintain liquidity in the market.
The central bank conducted the Open Market Operation, Reverse Repo Purchase (Injection) for 7 and 17-day tenors on July 31, 2026, and injected Rs 11,913.1 billion against 33 bids while other Rs 471 billion were injected through Shariah Compliant Mudarabah based OMO.
The central bank, for the Reverse Repo Purchase of 17-day tenor, received 28 bids cumulatively offering Rs 11,953.1 billion at the rate of return ranging between 11.51 to 11.57%. The SBP accepted Rs 11,750 billion against 28 quotes at 11.51% rate of return. The total amount offered at 11.51% was Rs 5,443.5 billion, out of which SBP accepted Rs 5,240.4 billion on a pro-rata basis.
Moreover, the SBP also received 5 bids for the 7-day tenor, cumulatively offering Rs 163.1 billion at the rate of return ranging between 11.54% to 11.56%. The SBP accepted all the 5 quotes with the entire amount at 11.54% rate of return.
Meanwhile, SBP also conducted Shariah Compliant Mudarabah based Open Market Operation for the 7 and 17-day tenors. The central bank received 6 quotes for the 7-day tenor offering Rs 71 billion at rate of return ranging between 11.56 to 11.58%. SBP accepted the entire amount against all the 6 bids at 11.56% rate of return.
The central bank also received 5 bids for the 17-day tenor offering Rs 505.9 billion at rate of return ranging between 11.52% to 11.57%. SBP accepted Rs 400 billion at 11.52% rate of return. The total amount offered at 11.52% was Rs 252 billion, out of which SBP accepted Rs 146.1 billion on a pro-rata basis.