{"id":452033,"date":"2024-12-28T08:14:21","date_gmt":"2024-12-28T03:14:21","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=452033"},"modified":"2024-12-28T08:14:21","modified_gmt":"2024-12-28T03:14:21","slug":"sbp-injects-rs2-99-trillion-in-the-market","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/sbp-injects-rs2-99-trillion-in-the-market\/","title":{"rendered":"SBP injects Rs2.99 trillion in the market"},"content":{"rendered":"<p> KARACHI<br \/>\nThe State Bank of Pakistan (SBP), on Friday, injected Rs2,989.2 billion in the market through reverse repo purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO).<br \/>\nThe SBP conducted Open Market Operation, Reverse Repo Purchase (Injection) on December 27, 2024 for 7-day and 28-day tenors and, as per results issued, accepted an amount of Rs2,592.2 billion offered through 20 bids.<br \/>\nThe central bank received 17 bids for 7-day tenor cumulatively offering an amount of Rs2,306.6 billion at the rate of return ranging between 13.04 to 13.11 percent while 5 bids were received for the 28-day tenor offering an amount of Rs291.6 billion at the rate of return ranging between 13.06 to 13.10 %.<br \/>\nThe central bank accepted 15 quotes for 7-day tenor amounting to Rs2,300.6 billion and all the 5 offered quotes for 28-day tenor amounting to Rs291.6 billion at 13.06% rate of return.<br \/>\nMeanwhile, SBP also conducted Shariah Compliant Mudarabah based Open Market Operation for the 7-day and 28-day tenors and injected Rs397 billion into the market while accepting the 5 quotes offered.<br \/>\nThe central bank received 4 bids for 7-day tenor quoting an amount of Rs297 billion at the rate of return ranging between 13.08 to 13.13 % and one bid for 28-day tenor amounting to Rs100 billion at 13.08% rate of return.<br \/>\nThe SBP accepted all the 5 quotes for 7-day and 28-day tenors with the entire offered amount at 13.08% rate of return.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI The State Bank of Pakistan (SBP), on Friday, injected Rs2,989.2 billion in the market through reverse repo purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO). The SBP conducted Open Market Operation, Reverse Repo Purchase (Injection) on December 27, 2024 for 7-day and 28-day tenors and, as per results issued, accepted an amount [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":260846,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,4],"tags":[],"class_list":{"0":"post-452033","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"category-national"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SBP injects Rs2.99 trillion in the market<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/sbp-injects-rs2-99-trillion-in-the-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBP injects Rs2.99 trillion in the market\" \/>\n<meta property=\"og:description\" content=\"KARACHI The State Bank of Pakistan (SBP), on Friday, injected Rs2,989.2 billion in the market through reverse repo purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO). The SBP conducted Open Market Operation, Reverse Repo Purchase (Injection) on December 27, 2024 for 7-day and 28-day tenors and, as per results issued, accepted an amount [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/sbp-injects-rs2-99-trillion-in-the-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-28T03:14:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2022\/05\/State-Bank-of-Pakistan-SBP.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" 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