Pakistan, Jan. 16 -- The State Bank of Pakistan (SBP) injected a total of Rs358.5 billion into the market on January 15 to maintain liquidity through Reverse Repo Purchase and Shariah Compliant Mudarabah-based Open Market Operations.
Under the 8-day tenor Reverse Repo Purchase, the central bank received eight bids totaling Rs203.5 billion at rates ranging from 10.51% to 10.54%, accepting the full amount at 10.51% rate of return.
Simultaneously, SBP conducted Shariah Compliant Mudarabah-based OMO for the same 8-day tenor, receiving two bids totaling Rs155 billion, which were accepted entirely at 10.55% rate of return to ensure liquidity stability.
Officials said these injections are aimed at maintaining market stability and ensuring ade...
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