SBP Pumps Rs1.8T via OMOs for Market Liquidity

KARACHI: The State Bank of Pakistan (SBP) pumped Rs1.8 trillion into the financial bloodstream via Reverse Repo and Shariah-compliant Mudarabah OMOs on Friday, flooding liquidity to steady market nerves.

Breakdown: Rs1.590 trillion conventional, Rs209.9 billion Islamic. 7-day and 14-day tenors.

7-day: 5 bids, Rs90 billion at 11.03–11.05%, fully accepted at 11.03%. 14-day: 13 bids, Rs1.601 trillion at 11.01–11.10%, Rs1.500 trillion accepted at 11.01% (Rs542 billion pro-rata).

Islamic 7-day: 3 bids, Rs209.9 billion at 11.05%, fully accepted. No 14-day bids.

SBP’s liquidity blitz anchors short-term rates, safeguards financial stability.