Circulars/Notifications - Domestic Market & Monetary Management Department  
 DMMD Circular Letter No. 02 of 2010

November 12, 2010



To
All Banks/Primary Dealers

Dear Sirs / Madam,

Revision of Auction Date of Market Treasury Bills

1. Please refer to the Auction Target Calendar of sale of Govt. of Pakistan MTB’s for 2nd Quarter FY’11 dated 30 September 2010. On account of Eid-ul-Azha holidays, following changes are being made for the forthcoming MTB Auction

Original Schedule
Revised Schedule
Auction Date
17 November 2010
15 November 2010
Settlement Date
18 November 2010
16 November 2010

2. Hence the maturities of 3, 6 and 12 months MTBs are as follows;

3-Month
10 Feb 2011
(86 days)
6-Month
19 May 2011
(184 days)
12-Month
17 Nov 2011
(366 days)

3. Due to the special circumstances the Non Competitive Bids can be submitted till 10:30 a.m. on 15th November, 2010 to Director DMMD, State Bank of Pakistan as per prescribed procedure.

• All other instructions remain the same.

Yours sincerely,

Sd/-

(Muhammad Faisal)
Joint Director


       
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