All Banks/DFIs

Dear Sir(s)/Madam(s),

Timings for Availing SBP Overnight Repo/Reverse-Repo Facilities under Interest Rate Corridor Mechanism

Please refer to DMMD Circular No. 17 dated October 14, 2011 regarding timings for availing SBP Overnight Repo/Reverse-Repo Facility under Interest Rate Corridor Mechanism.

In this regard, it is advised that time to intimate amount to State Bank of Pakistan by Banks/DFIs desirous of availing the SBP Overnight Repo/Reverse Repo Facility (at floor/ceiling rate) will be as under.

Days

Time for availing Overnight Repo/Reverse Repo Facility From

The above instructions will be effective immediately. All are advised to strictly observe the aforesaid timings.

Other instructions on the subject shall, however, remain unchanged.