All Head of Banks/DFIs/Investment Banks/Listed Brokerage Houses

Dear Sir/Madam

PRIMARY DEALER SELECTION FOR THE YEAR 2009-10

    Applications are invited from interested financial institutions for appointment as Primary Dealer of Government Securities for the year 2009-10. For this purpose, EDMD Circular No. 11 dated August 27, 2005 and FSCD circular No. 07 dated June 06, 2009 regarding criteria and rules governing primary dealer system and subsequent changes, may be referred. Applicants are requested to furnish the following information along with the application:

        1. Latest Annual Report.

        2. Summary of month-wise Secondary Market Transactions in PIB and MTBs from July 1, 2008 to June 12, 2009 as per format attached as Annexure-A.

Applications must reach Financial Markets Strategy & Conduct Department, latest by June 19, 2009.