SBP injects Rs11.39 trillion through Reverse Repo, Shariah Compliant OMOs

The State Bank of Pakistan (SBP) has injected Rs 11,386.05 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah-based Open Market Operations (OMO) to maintain liquidity in the market.

The central bank conducted the Open Market Operation for 7- and 14-day tenors on September 19, 2025, injecting Rs 11,032.05 billion against 37 quotes, while another Rs 354 billion was inserted through Shariah Compliant Mudarabah-based OMO.

For the Reverse Repo Purchase, SBP received 21 bids for the 7-day tenor, cumulatively offering Rs 2,232.05 billion at rates of return ranging between 11.01% and 11.09%. The central bank accepted the entire amount at 11.01%.

Additionally, SBP received 17 bids for the 14-day tenor, cumulatively offering Rs 9,096.45 billion at rates of return ranging between 10.95% and 11.10%. The SBP accepted Rs 8,800 billion against 16 quotes at 11.01%. The total amount offered at 11.01% was Rs 4,877 billion, of which SBP accepted Rs 4,750.55 billion on a pro-rata basis.

Meanwhile, SBP also conducted Shariah Compliant Mudarabah-based Open Market Operations for the 7- and 14-day tenors. 

The central bank received two bids for the 7-day tenor offering Rs 234 billion at rates ranging from 11.11% to 11.13% and accepted the full amount at 11.11%. For the 14-day tenor, SBP received one quote offering Rs 120 billion at 11.11% and accepted the full amount at the offered rate.