SBP injects Rs919 billion through open market operations

The State Bank of Pakistan on Thursday injected Rs919 billion into the banking system through reverse repo purchase and Shariah-compliant Mudarabah-based open market operations to maintain liquidity in the market.

According to the central bank, Rs850 billion was injected through a one-day reverse repo purchase operation conducted on May 21, 2026.

The SBP received nine bids offering a cumulative Rs961.5 billion at rates ranging between 11.55% and 11.61%.

The central bank accepted six bids worth Rs850 billion at a rate of return of 11.57%.

Officials said the total amount offered at 11.57% stood at Rs85 billion, out of which the SBP accepted Rs45 billion on a pro-rata basis.

Separately, the SBP also conducted a one-day Shariah-compliant Mudarabah-based open market operation.

The central bank received one bid offering Rs69 billion at a rate of return of 11.63% and accepted the entire amount.