Please refer to BSD Circular No.26 dated the 18th September,
2000 through which above rate has been enhanced from 11% to
12% on an annual basis. Effective
from 5th October, 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 12% to 13% on an annual
basis.
Other relevant instructions on the subject shall, however,
remain unchanged.
Please acknowledge receipt.
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