SBP injects Rs9.995 trillion via Reverse Repo, Shariah-compliant OMOs to maintain liquidity

The State Bank of Pakistan (SBP) has injected Rs 9.995 trillion into the market through Reverse Repo Purchase and Shariah-compliant Mudarabah-based Open Market Operations (OMO) to maintain liquidity.

The central bank conducted Reverse Repo Purchases for 7- and 14-day tenors on October 3, 2025, injecting Rs 9.608 trillion against 34 quotes, while another Rs 0.388 trillion was added via Shariah-compliant Mudarabah-based OMO.

For the 7-day tenor, the SBP received 16 bids cumulatively offering Rs 0.408 trillion at rates of return ranging from 11.01% to 11.09%. The entire amount was accepted at 11.01% rate of return.

For the 14-day tenor, 18 bids cumulatively offered Rs 9.252 trillion at rates ranging between 11.01% and 11.10%. The SBP accepted Rs 9.200 trillion at 11.01% rate of return. The total amount offered at 11.01% was Rs 4.982 trillion, of which Rs 4.930 trillion was accepted on a pro-rata basis.

Meanwhile, in the Shariah-compliant Mudarabah-based OMOs for 7- and 14-day tenors, the SBP received 4 bids for the 7-day tenor offering Rs 0.295 trillion at rates between 11.13% and 11.15%, all of which were accepted at 11.13%. 

For the 14-day tenor, 2 bids offered Rs 0.093 trillion at rates of 11.09% to 11.11%, and the SBP accepted the full amount at 11.09% rate of return.