KARACHI, Oct 15 (ABC):State Bank of Pakistan on Friday injected Rs 1390.250 billion into money market through its Open Market Operation.
Rupees 1275.250 billion were as reverse repo purchase. Of these, Rs 377.950 billion were pumped for 7 days and
Rs 675 billion for 63 days at 15.18 % rate of return accepted per annum.
Rupees 115 billion were injected (face value collateral) as Shariah Compliant Mudaraba based OMO.
Of these, Rs 51 billion were placed for 7 days and Rs 64 billion for 63 days at the cut-off rate of 15.18 percent per annum.
