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State Bank of Pakistan’s Open Market Operations (Injection) result dated September 24, 2013

Karachi, September 24, 2013 (PPI-OT): State Bank of Pakistan conducted its Open Market Operations (Mop up) in following contracts on Sep 24, 2013. Bids received & accepted are given below:

A: OMO BIDS
NO     OMO Tenor             Bids Range           Number of Bids Offered

1      02-Days (Repo)        8.00 - 8.65%                 14

B: OMO RESULT
                                                      (Rs. In Millions)
OMO Tenor    Amount            Amount       Rate of Return     Number of Bids
             Offered           Accepted      Accepted           Accepted
                                             (% p.a.)
02-Days      29,600.00         28,600.00       8.50              12

Total        29,600.00         28,600.00 

For more information, contact:
Syed Wasimuddin
Chief Spokesman
State Bank of Pakistan (SBP)
Tel: +9221 3921 2562
Fax: +9221 3921 2563
Email: syed.wasimuddin@sbp.org.pk

The post State Bank of Pakistan’s Open Market Operations (Injection) result dated September 24, 2013 appeared first on AsiaNet-Pakistan.

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