This refers to BSD Circular no. 24 dated October 13, 2008 on the captioned subject.

1. It has been decided to increase the SLR eligibility limit of all issues of Pakistan Investment Bonds (PIBs) from 10% to 15% of Time and Demand Liabilities.

2. The eligibility of TFCs for maintaining SLR notified vide BSD circular 12 dated 9th June 2008 and BSD Circular 4 dated 22nd June 2010, stands cancelled and hence no TFC will be eligible for the purpose of maintaining SLR.

3. These instructions will be effective immediately. All other instructions on the subject shall, however, remain unchanged

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