Circulars

Primary Dealer Selection For FY 2011-12

May 16, 2011
9127

All Banks/DFIs/Investment Banks/Listed Brokerage Houses

Dear Sir/Madam,

PRIMARY DEALER SELECTION FOR FY 2011-12

Applications are invited from interested financial institutions for appointment as Primary Dealer of Government Securities for FY 2011-12. For this purpose, EDMD Circular No. 11 dated August 27, 2005 and FSCD circular no. 07 dated June 06, 2009 regarding selection criteria and rules governing Primary Dealer system and any subsequent changes may be referred. Applicants are requested to furnish the following information along with the application:

  1. Latest Annual Report.
  2. Summary of month-wise Secondary Market Transactions in PIB and MTBs from July 1, 2010 to June 04, 2011 as per format attached as Annexure-A.

Applications must reach Domestic Markets & Monetary Management Department, latest by June 07, 2011.

Enclosed:

Yours sincerely,

Athar Ghafoor
Senior Joint Director