|
Please
refer to BSD Circular No.24 dated the 6th June,
2001 through which above rate has been enhanced from 13% to
14% on an annual basis.
Effective
from 19th July, 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/
Pakistan Investment Bonds has been reduced from 14% to 13%
on an annual basis.
Other
relevant instructions on the subject shall, however, remain
unchanged.
Please
acknowledge receipt.
|