Please
refer to BSD Circular No.28 dated the 4th October,
2000 through which above rate has been enhanced from 12% to
13% on an annual basis.
Effective
from 7th June, 2001 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 / Pakistan Investment Bonds has been enhanced from
13% to 14% on an annual basis.
Other
relevant instructions on the subject shall, however, remain
unchanged.
Please
acknowledge receipt.
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