Circulars/Notifications - Domestic Market & Monetary Management Department  
 DMMD Circular No. 27 of 2019

November 15, 2019 


All Banks/DFIs

 


Dear Sirs/Madams,

 

 











Statutory Liquidity Requirement

Please refer to DMMD Circular no. 05 dated March 08, 2018 and BSD Circular No .04 dated May 22, 2004 for banks and Development Finance Institutions (DFIs) respectively.

It has been decided that SLR eligibility limit of 15% for banks and 5% for DFIs on Pakistan Investment Bonds (PIBs) shall not be applicable on Floating rate PIBs. Accordingly, the holdings of Floating rate PIBs by the banks and DFIs shall be fully counted towards maintenance of their SLR.

All other instructions on the subject will remain same. The above instructions will be effective immediately.

 

Yours truly,


(Rizwana Rifat)
Senior Joint Director




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