Please refer to DMMD Circular No. 05 of 2018 on the captioned subject.

In terms of Government of Pakistan, Ministry of Energy (Power Division) notification S.R.O. 255(I)/2019 and upon issuance of GOP Guarantee in relation thereof, the Pakistan Energy Sukuk-II (PES-II) issued by Power Holding Limited (PHL) shall be an approved security for maintenance of Statutory Liquidity Requirement (SLR) under sub-section (1) of section 29 of the Banking Companies Ordinance, 1962.

 

Enclosed: Ministry of Energy (Power Division) notification S.R.O. 255(I)/2019