Within the money market, the State Bank of Pakistan (SBP) conducted an Open Market Operation
in which it mopped up Rs105 billion for one day at 12.2pc.
KARACHI -- State Bank of Pakistan on Friday mopped up Rs 587.5 billion into money market as repo sale ( Rs 252.5 billion for 3 days and Rs 335 billion for 7 days) through its open market operation
M2 EQUITYBITES-January 21, 2019--Iranian banking industry backs Open Market Operation
Global Banking News-January 21, 2019--Iranian banking industry backs Open Market Operation
BANKING AND CREDIT NEWS-January 21, 2019--Iranian banking industry backs Open Market Operation
The auction-based TDF, one of BSP's open market operation
, is a liquidity-absorbing tool.
KARACHI -- State Bank of Pakistan on Wednesday injected into money market Rs 120 billion for one day and Rs 1600 billion for seven days as reverse repo purchase through its open market operation
Though dealers said there will be Open Market Operation
(OMO) maturities worth N216.0billion expected to hit the system, the CBN will continue with its liquidity mop-up via OMO sales which will offset the effect of any liquidity surge.
It follows that the BSP should trim its open market operation
lest we see tight market conditions,' Deputy Governor Diwa C.
As a result, the RBNZ is removing the regular Tuesday Open Market Operation
which is the last remaining temporary liquidity facility introduced during the financial crisis."
7 -- The State Bank of Pakistan on Friday accepted bids of Rs 10.9 billion during its Reverse Repo Open Market Operation
(Injection) in the government of Pakistan Market Treasury Bills and Pakistan Investment Bonds.
Although lending by the Fed has exactly the same effect on the monetary base as an equivalent open market operation
, the effect of these actions on the allocation of credit is different.