1.
The SBP Overnight Reverse-Repo (Ceiling) rate has been
increased from 12.50% to 13.00% p.a.
2.
The SBP Overnight Repo facility will be available at
10.00% p.a. This will serve as the ‘Floor’
for the Interest Rate corridor as announced by the above
referenced circular.
3.
Hence, the Floor and Ceiling levels for the interest
rate corridor are 10.00% and 13.00% p.a. respectively
(i.e. width of 300 bps).
4.
Above changes are effective from 2nd August 2010.
5.
Other instructions on the subject shall, however, remain
unchanged.