Karachi March 3 2023: State Bank of Pakistan to offer 7 and 77 days injection in debt market through Open Market Operations.
“Currently, the outstanding amount of injected liquidity is PKR 6.5 billion” says Deputy Governor State Bank of Pakistan.
SBP has scheduled the offering for Scheduled Banks, DFIs and Primary Dealers at PST 11:45 on Friday March 03, 2023.
Yesterday, the state bank of Pakistan increased the policy rate by 300 basis points to a high of 25 years while also preponed the next MPC by two weeks to April 04 2023 which create uncertainty in the market regarding future outlook of the interest rates.
