Circulars

Primary Dealer Selection for the Year 2006-07, Extension in Date of Application

May 09, 2006
10410

All Banks/DFIs/Investment Banks/Listed Brokerage Houses

Dear Sirs,

PRIMARY DEALER SELECTION FOR THE YEAR 2006-07, EXTENSION IN DATE OF APPLICATION

Please refer to the EDMD Circular No. 05 of 2006 dated April 25, 2006 wherein applications were called for the Selection of PDs for the FY 2006-07.

In this reference, it is advised that

  1. Last date of application has been extended to 10th June 2006.
  2. Applicant now have to submit a summary of month wise Secondary Market Transactions in PIBs/FIBs and MTBs from January 1, 2005 to May 31, 2006 in following format.
Outright Sale
PIB/FIB MTB
Number of Transactions Volume(PKR million) Number of Transactions Volume(PKR million)
Banks
Non-banks
Total
Outright Purchase
PIB/FIB MTB
Number of Transactions Volume(PKR million) Number of Transactions Volume(PKR million)
Banks
Non-banks
Total

Further, current PDs have also to provide data for the same period as required in Section E, Performance Criteria given in PD Rules.

Other instructions will remain unchanged on the subject.

Yours sincerely,

Muhammad Basharat
Joint Director