KARACHI: State Bank of Pakistan on Friday injected Rs 3880.15 billion into money market for seven days through its Open Market Operation.
Rupees 464.6 billion (face value collateral) were injected through Shariah Compliant Mudaraba based Open Market Operation. The rate of rental accepted is 12.33 percent per annum, said SBP statement.
Rupees 3, 415.550 billion were pumped as reverse repo purchase through its open Market Operation. The rate of return accepted is 12.32 percent per annum.