Please refer to DMMD circular no. 1 dated August 15, 2009 regarding introductions of Interest Rate Corridor.
In this regard, the following timings will remain effective during the month of Ramzan-ul-Mubarak to intimate State Bank of Pakistan for availing overnight repo/reverse repo facility (at floor / ceiling rate).
Days |
Time for Overnight Repo/Reverse Repo Facility |
For Monday to Thursday &Saturday |
12:45 pm to 01:15 pm |
For Friday |
11:30 am to 12:00 pm |
2- After Ramzan-ul-Mubarak, time to intimate State Bank of Pakistan for availing overnight repo/reverse repo facility will
automatically be reverted to pre Ramzan-ul-Mubarak timings.
3- All are advised to strictly observe the above timings.
4- Other instructions on the subject will remain unchanged.