In
has been decided that effective from May 19, 1999, minimum
rate of return to be paid by recipients of financing facilities
from State Bank for meeting temporary liquidity shortages
and 3-day repo facility against the Government of Pakistan
market treasury bills and Federal Investment Bonds shall be
13 per cent on an annual basis as compared with 14 per cent
applicable before the above date.
2.
Other relevant instruction shall, however, remain unchanged.
Please acknowledge receipt.
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