To

All Banks/Primary Dealers

Dear Sirs / Madam,

Revision of Auction Date of Market Treasury Bills

1. Please refer to the Auction Target Calendar of sale of Govt. of Pakistan MTB’s for 2nd Quarter FY’11 dated 30 September 2010. On account of Eid-ul-Azha holidays, following changes are being made for the forthcoming MTB Auction

   	Original Schedule	Revised Schedule
   Auction Date	17 November 2010	15 November 2010
   Settlement Date	18 November 2010	16 November 2010

2. Hence the maturities of 3, 6 and 12 months MTBs are as follows;

   3-Month	10 Feb 2011	(86 days)
   6-Month	19 May 2011	(184 days)
   12-Month	17 Nov 2011	(366 days)

3. Due to the special circumstances the Non Competitive Bids can be submitted till 10:30 a.m. on 15th November, 2010 to Director DMMD, State Bank of Pakistan as per prescribed procedure.

• All other instructions remain the same.