Incentive Schemes for Exporters
 
 
 Export Finance Scheme (EFS)
 
A short-term financing facility for exports of value added goods available through Banks
Maximum loan tenor for financing is 180 days
Markup rate has been linked with SBP Policy Rate and with any change in the Policy Rate, markup rate for EFS is revised automatically so that the gap between Policy Rate and EFS rate is maintained at 3%.
Higher export performance against availed facilities qualifies the exporters for further mark-up rebate
Higher spread for banks on their financing to SME exporters
FAQs - Rupee based discounting under EFS & IERS
 
Click here for detailed features of the scheme
  •  
    SBP Policy Rate
    20.50% p.a.
     
    SBP Overnight
    Reverse
    Repo (Ceiling) Rate
    21.50% p.a
     
    SBP Overnight
    Repo (Floor) Rate
    19.50% p.a.
  •  
    Weighted-average Overnight Repo Rate
    As on 25-Jul-24
    21.30% p.a.
    KIBOR
    As on 26-Jul-24
    Tenor BID OFFER
    3-M 19.34 19.59
    6-M 19.16

    19.41

    12-M 18.03 18.53
     

  • MTBs
    Tenor Rates
    3-M 19.4899%
    6-M 19.2891%
    12-M 18.2389%
    (as on Jul 24, 2024)
    Fixed-rate PIB
    Tenor Cut-off Rates
    3-Y 16.6000%
    5-Y 15.4475%
    10-Y Bids Rejected
    15-Y No Bid
    20-Y No Bid
    30-Y No Bid
    (as on Jul 09, 2024)

    Floating-Rate PIBs (Quarterly Coupon)

    Tenor Cut-off Price
    2-Y No Bid
    3-Y 98.8149

    Floating-Rate PIBs
    (Half-yearly Coupon)

    Tenor Cut-off Price
    5-Y 96.5288
    10-Y 94.4884
    (as on Jul 24, 2024)
    GIS FRR
    Tenor Cut-off Rental Rate/Price
    3-Y 100.2842
    5-Y 100.0022
    GIS VRR
    Tenor Cut-off Margin/Price
    3-Y 99.0800
    5-Y 98.7600
    (as on 21-Dec-2023)
  • PIB Auction
    (Fixed Rate)
    31-July-24


    MTB
    07-Aug-24

    Floating Rate PIB
    (Semi-Annual Coupon)


    07-Aug-24
    Floating-rate PIB
    (Quarterly Coupon)

    07-Aug-24
    As on 19-Jul-24
    SBP’s Reserves
    9,027.2
    Bank’s Reserves
    5,308.2
    Total Reserves
    14,335.4

  •  
    As on 26-Jul-24
     
    M2M
    Revaluation Rate
    278.3382
    Weighted
    Average Rate
    Bid: 278.1638
    Offer:

    278.6036

       
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