Circulars/Notifications  

 BSD Circular No.26
September 18, 2000  

All Banks,

FINANCING FACILITIES BY STATE BANK

(ENHANCEMENT IN REPO RATE)

(Enhancement in repo rate from 11% to 12%)
Please refer to BRRD Circular No.02 dated the 4th January, 2000 through which above rate has been reduced from 13% to 11% on an annual basis.

Effective from 19th September, 2000 the minimum rate of return to be paid by recipients of financing facilities from State Bank for meeting temporary liquidity shortages and SBP 3-Day Repo facility against Government of Pakistan Market Treasury Bills and Federal Investment Bonds has been enhanced from 11% to 12% on an annual basis.

Other relevant instructions shall, however, remain unchanged.

Please acknowledge receipt.
Yours faithfully,
Sd/-(KAZI ABDUL MUKTADIR)
Director

Back to Circular Page / Home Page
 

© 2003 State Bank of Pakistan. All Rights Reserved. Disclaimer. Instructions

State Bank of Pakistan
I.I. Chundrigar Road, Karachi, Pakistan.
Phone: 092-021-24450298, Fax: (92-21) 9212440
www.sbp.org.pk