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State Bank of Pakistan’s Open Market Operation (Outright Sale)

Karachi, February 28, 2014 (PPI-OT):

State Bank of Pakistan conducted its Open Market Operation (Outright Sale) in following contracts on Feb 28, 2014, received and accepted as given below:

A: OMOs

      NO             OMO Tenor                Range         Number of Quotes Offered

      1           66-Days (Outright)      10.35 ­ 10.89%              25

B: OMO RESULT

(Rs. In Millions)

66-Days (Outright)

          OMO Tenor       Amount          Amount         Rate of Return        Number of
                         Offered         Accepted       Quotes Accepted     Quotes Accepted
                                                           (% p.a.)

          66-Days       381,100.00      289,100.00          10.65                 18

          Total         381,100.00      289,100.00

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

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