Circulars/Notifications - Banking Supervision Department  
 BPRD Circular No. 18
May 18, 1999  

All Scheduled Banks

Dear Sirs,

Financing facilities by State Bank (further reduction in Repo)
(Reduction repo rate from 14% to 13%)

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.



Yours faithfully,
(Mansur-ur-Rehman Khan)
Director

       
Home
About SBP
Publications
Economic Data
Press Releases
Circulars/Notifications
Laws & Regulations
Monetary Policy
Help Desk
SBP Videos
Feedback
Contact us
What's New?
Speeches
Online Tenders
Web Links

Educational Resources
Regulatory Returns
Library
Rupey ko Pehchano
Events
Zahid Husain Memorial Lecture
Careers
Sitemap
 
Best view Screen Resolution : 1024 * 768
Copyright © 2016. All Rights Reserved.