The State Bank of Pakistan (SBP) injected a total of Rs12,427.35 billion into the financial market on Friday through Reverse Repo Purchase and Shariah-compliant Mudarabah-based Open Market Operations (OMO) to ensure liquidity.
In a detailed Open Market Operation (OMO) conducted on December 19, 2025, the SBP injected Rs12,346.35 billion via Reverse Repo Purchase (Injection) for 7-day and 14-day tenors, receiving a total of 32 bids. An additional Rs81 billion was injected through Shariah-compliant Mudarabah-based OMO.
For the 7-day Reverse Repo Purchase, the SBP received 13 bids, totaling Rs1,540.2 billion, with rates ranging from 10.49% to 10.58%. The central bank accepted Rs1,270.2 billion from 12 bids at a rate of 10.51%.
Meanwhile, for the 14-day Reverse Repo Purchase, the SBP received 20 bids offering a cumulative Rs11,076.15 billion at rates between 10.51% and 10.60%. The SBP accepted the entire amount at a 10.51% rate of return.
In addition to the Reverse Repo Purchase operations, the SBP conducted Shariah-compliant Mudarabah-based OMO for the 7-day and 14-day tenors.
The SBP accepted a Rs41 billion bid for the 7-day tenor at a 10.57% rate of return and two bids for the 14-day tenor offering Rs40 billion at a rate of 10.56% to 10.57%. The central bank accepted the full bid amounts at the offered rates.
This operation is part of the SBP’s ongoing efforts to maintain liquidity and stabilize the financial system.
