Circulars/Notifications - Exchange and Debt Management Department  
 EDMD Circular No. 14
September 09, 2002 

All Banks


Attention: C.E.O./Treasury Head

Dear Sirs,

Master Swap Agreement

Please find enclosed copy of a Master Swap Agreement to be signed between your bank and State Bank of Pakistan for the transactions taking place through the swap desk established by SBP. It is advised that the Master Swap Agreement may be signed and returned us latest by the end of this month failing which it will be a constraint for SBP to engage in swap transactions..

Encls: (As above)

Yours faithfully
(MUHAMMAD ARIF)

Junior Joint Director
       
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