Currently
SBP is using transaction rate (Quoted rate in OMO and
Discount rate in Discounting) for calculation of 1st price
of underlying security in repo transactions with market
participants.
Now it has been decided that henceforth market rate (PKRV)
would be used to calculate 1st price of securities involved
in repo transactions (OMO Mop-up/Injection & Discounting)
between SBP and market participants.
The
above instructions would come into effect from Saturday
May 19, 2007.