All Banks/DFIs/NBFIs

Market Treasury Bills Maturing on 14th November, 2013

Please refer to the maturity of Rs.160.9 billion of Government of Pakistan Market Treasury Bills on 14th November, 2013. On account of forthcoming Ashura holidays, following process will be implemented for the Market Treasury Bills originally scheduled to mature on 14th November, 2013:

1. The above Market Treasury Bills will now be maturing on 13th November, 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 13th November, 2013 will be as follows:

Further also refer to the Auction Target Calendar of sale of Government of Pakistan MTB’s for 2 nd Quarter FY’14, following changes are being made for the forthcoming MTB Auction on account of Ashura holidays:

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

5. All other things remain the same.

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