All Banks/Primary Dealers/DFI’s

Dear Sirs/Madam,

Standard Formats for SBP Repo/Reverse Repo Facilities

It has been observed that some Banks/PDs and DFI’s are not following the Standard format prescribed for submission of contracts, to State Bank of Pakistan, for settlement of Repo (OMO Mop-up/Floor) and Reverse Repo (OMO Injection/Ceiling) deals.

Therefore, Banks/PDs and DFI’s are strictly advised to ensure meticulous compliance of the Standard formats for settlement of their deals.

Any contract not complying with the above instructions will be rejected without any prior notice.