Karachi: The State Bank of Pakistan has disclosed the utilization figures for its overnight repo and reverse repo facilities on April 24, 2025. According to the data released by the central bank, a single institution accessed the repo facility, borrowing Rs. 150,000 million. In contrast, eight institutions utilized the reverse repo facility, securing a total of Rs. 315,500 million.
The overnight repo facility serves as a floor for the interest rate corridor, allowing financial institutions to borrow from the central bank. Conversely, the reverse repo facility acts as a ceiling, enabling institutions to lend excess funds to the central bank.
The figures indicate a higher demand for the reverse repo facility, with multiple institutions utilizing this option compared to the singular reliance on the repo facility. This trend reflects the liquidity management strategies employed by financial institutions within the country.
The data highlights the ongoing interactions between the central bank and other financial institutions as they navigate the complexities of money market operations.