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SBP Injects Nearly Rs10 Trillion in Same-Day Liquidity Operations

The move targets short-term funding needs in the interbank market.

Overview

  • On October 3, the State Bank of Pakistan injected Rs9,995.35 billion via conventional reverse repos and Shariah‑compliant Mudarabah open market operations.
  • Conventional operations accepted Rs9.61 trillion in face value (Rs9.23 trillion realised) across 7‑ and 14‑day tenors, both cleared at a uniform 11.01%.
  • Mudarabah facilities totalled Rs387.5 billion in face value (Rs388.82 billion realised), with 7‑day quotes cleared at 11.13% and 14‑day at 11.09%.
  • Bid details showed 16 bids for the 7‑day conventional tranche accepted in full and 18 bids for the 14‑day tranche with Rs9,200 billion accepted at 11.01%.
  • At the 11.01% rate, Rs4,982 billion was offered and Rs4,930 billion was accepted on a pro‑rata basis, while the rupee inched to 281.26 per dollar and local gold prices were unchanged as global bullion rose.