Please
refer to the BPRD Circular No. 05 dated May 22, 2008 through
which the above rate has been fixed at 12% p.a.
2.)
It has been decided that with effect from 30th July, 2008
the minimum rate of return to be paid by recipient of
financing facilities from State Bank of Pakistan (SBP)
for meeting temporary liquidity shortage and SBP 3-day
Repo facility against Government of Pakistan Market Treasury
Bills and Federal/Pakistan Investment Bonds, has been
enhanced by 100 basis points i.e. from 12 % to 13% p.a.
3.)
Other instructions on the subject shall, however, remain
unchanged.
Please
acknowledge receipt.