During the Open Market Operation, the SBP conducted Reverse Repo Purchases for 7-day and 28-day tenors on February 07, 2025, accepting a total of Rs 2,038.35 billion from 26 bids. For the 7-day tenor, the bank received 20 bids amounting to Rs 1,151.25 billion, with rates of return ranging between 12.03% and 12.10%.
Additionally, 8 bids for the 28-day tenor totaled Rs 936 billion, with rates between 12.05% and 12.08%. The SBP accepted 18 bids for the 7-day tenor, amounting to Rs 1,147.35 billion at a 12.05% rate of return, and all 8 bids for the 28-day tenor at the same rate.
In a parallel Shariah-compliant Mudarabah-based OMO, the SBP injected approximately Rs 455 billion into the market. The bank received 4 bids for the 7-day tenor, totaling Rs 394.95 billion, with rates ranging from 12.08% to 12.10%, and 2 bids for the 28-day tenor, offering Rs 60 billion at a 12.08% rate of return.
The SBP accepted the entire amount of Rs 454.95 billion from all bids for both tenors at a 12.08% rate of return. These measures reflect the central bank’s proactive approach to maintaining financial stability and supporting economic growth.
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