The State Bank of Pakistan on Thursday injected Rs358.5 billion into the banking system through reverse repo and Shariah-compliant Mudarabah-based open market operations to manage liquidity conditions.
According to details, the central bank conducted an eight-day reverse repo purchase operation on January 15, 2026, injecting Rs203.5 billion. SBP received eight bids for the operation, offering the full amount at rates ranging from 10.51% to 10.54%, and accepted all bids at a uniform rate of 10.51%.
In addition, SBP carried out a Shariah-compliant Mudarabah-based open market operation for the same eight-day tenor, injecting Rs155 billion. Two bids were received, with offered rates between 10.55% and 10.56%, and the central bank accepted the entire amount at 10.55%.
The liquidity injections are part of SBP’s routine operations to align money market conditions with its monetary policy stance.
