SBP Injects 94 Billion To Overcome Liquidity runch
The State Bank of Pakistan (SBP) released Rs 94 billion to commercial banks in order to overcome liquidity crunch in the money market.
SBP conducted open market operation to repurchase Pakistan Investment Bonds (PIB) and Treasury Bills (T-Bills). SBP received offers worth Rs 129.4 billion of which Rs 94 billion offers were accepted. The repurchased PIBs and T-Bills were termed for nine days and had mark up of 12.3 percent.
SBP Injects 94 Billion To Overcome Liquidity runch was first posted on February 20, 2010 at 1:40 pm.
SBP conducts OMO
November 8, 2009 by Trend PK
Filed under World News
KARACHI: The State Bank of Pakistan (SBP) injected Rs85 billion at 12.13 percent markup for seven days to ease the liquidity shortage in the banking systems, Geo News reported Saturday. According to money dealers, the central bank conducted Open Market Operation to remove the scarcity of liquidity from the market.
KARACHI: The State Bank of Pakistan (SBP) injected Rs85 billion at 12.13 percent markup for seven days to ease the liquidity shortage in the banking systems, Geo News reported Saturday.
According to money dealers, the central bank conducted Open Market Operation to remove the scarcity of liquidity from the market.
The banks offered the SBP the purchase of Treasury Bills worth Rs85.40 billion, which the central bank accepted at 12.13 percent markup rate for 7 days.
According to market dealers, the banks faced the shortage of liquidity after the banks paid Rs102 billion to the central bank in maturities, after which the central bank conducted the OMO.
State Bank Of Pakistan Purchase Rs. 13.85Bn Of Treasury Bills
PAKISTAN, KARACHI: The State Bank of Pakistan (SBP) bought back 13.85 billion rupees ($168 million) of Treasury bills on Monday under 5-day reverse-repo contracts at 12.15 percent to inject liquidity into a tight money market.
20 Bln Bid Accpted By State Bank Of Pakistan
KARACHI: State Bank of Pakistan on Saturday accepted bids worth Rs 20 billion during its Reverse Repo Open Market Operation (Injection) in Government of Pakistan Market Treasury Bills and Pakistan Investment Bonds.
The bids offered for 07-Days (injection) were of Rs 53.050 billion. The rate of return is 12.63 percent, said SBP statement issued here.
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20 Bln Bid Accpted By State Bank Of Pakistan
