All Authorised Dealers
in Foreign Exchange,

Dear Sirs,

ACCEPTANCE OF FRESH DEPOSITS UNDER NDRP III
AND THEIR ROLLOVER

Attention of Authorised Dealers is invited to FE Circular No.3 of 1999 regarding National Debt Retirement Program (NDRP III) under which fresh deposits were being accepted.

2, It has now been decided that henceforth no further deposit be accepted under NDRP III as well as rollover of existing deposits would also cease with immediate effect. Hence, all existing deposits under NDRP III would be paid on maturity on their respective due dates.