State Bank of Pakistan conducted Open Market Operation, Reverse Repo Purchase (Injection) on May 27, 2022.
SBP received 26 quotes for a 7 day OMO in a range of 13.78% to 13.9% for an amount of Rs 1,394 billion and 26 quotes in a range of 13.81% to 14.05% for a 63 day OMO for an amount of Rs 1,865 billion.
However, SBP has accepted an amount of Rs 1,394 billion at a rate of 13.78% for a 7 day OMO and an amount of Rs 1,825 billion for a period of 63 days at a rate of 13.84%, which is 9 basis points above policy rate.
