All Banks/DFIs/NBFIs

Market Treasury Bills Maturing on 08th August, 2013

Please refer to the maturity of Rs.332.6 billion of Government of Pakistan Market Treasury Bills on 08th August, 2013. On account of forthcoming Eid-ul-Fitr holidays, following process will be implemented for the Market Treasury Bills originally scheduled to mature on 08th August, 2013:

1. The above Market Treasury Bills will now be maturing on 07th August, 2013.
2. The maturity price of Market Treasury Bills will be adjusted by one day in accordance with the weighted average yield of the accepted bids in the original auction.
3. Hence, the maturity price applicable for Market Treasury Bills maturing on 07th August, 2013 will be as follows:

Further also refer to the Auction Target Calendar of sale of Government of Pakistan MTB’s for 1st Quarter FY’14 dated 28 June, 2013. On account of Eid-ul-Fitr holiday’s, following changes are being made for the forthcoming MTB Auction:

4. Hence the maturities of 3, 6 & 12 months MTBs are as follows:

5. Non Competitive Bids will be submitted till 11:30 am on Tuesday 06th August, 2013. The bidding time for the competitive auction will close at 12:00 noon on the 06 August, 2013.
6. All other things remain the same.

Please ensure the above information is disseminated to all customers holding the above mentioned Market Treasury Bills.