SBP Injects Rs11.39T to Boost Market Liquidity

The State Bank of Pakistan (SBP) infused a massive Rs 11,386.05 billion into the financial market through Reverse Repo Purchase and Shariah Compliant Mudarabah-based Open Market Operations (OMO) to ensure robust liquidity.

On September 19, 2025, the central bank executed Open Market Operations for 7-day and 14-day tenors, channeling Rs 11,032.05 billion against 37 quotes, supplemented by Rs 354 billion via Shariah Compliant Mudarabah-based OMO.

For the Reverse Repo Purchase, the SBP received 21 bids for the 7-day tenor, totaling Rs 2,232.05 billion with rates of return spanning 11.01% to 11.09%. The central bank accepted the entire amount at 11.01%.

Additionally, 17 bids were submitted for the 14-day tenor, offering Rs 9,096.45 billion at rates between 10.95% and 11.10%. The SBP approved Rs 8,800 billion against 16 quotes at 11.01%, with Rs 4,750.55 billion accepted on a pro-rata basis from the Rs 4,877 billion offered at 11.01%.

Concurrently, the SBP conducted Shariah Compliant Mudarabah-based OMO for 7-day and 14-day tenors. For the 7-day tenor, it received two bids offering Rs 234 billion at rates from 11.11% to 11.13%, accepting the full amount at 11.11%. For the 14-day tenor, a single quote of Rs 120 billion at 11.11% was fully accepted at the offered rate.