Circulars

Primary Dealer Selection for the Year 2010-11.

May 17, 2010
10326

All Banks/DFIs/Investment Banks/Listed Brokerage Houses

Dear Sirs/Madams,

PRIMARY DEALER SELECTION FOR THE YEAR 2010-11

Applications are invited from interested financial institutions for appointment as Primary Dealer of Government Securities for the year 2010-11. 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, 2009 to June 04, 2010 as per format attached as Annexure-A.

Applications must reach Financial Markets Strategy & Conduct Department, latest by June 07, 2010.

Enclosed:

Yours sincerely,

Athar Ghafoor
Sr. Joint Director