The Presidents/Chief Executive Officers
All Scheduled Banks/DFIs/PDs

Dear Sirs / Madam,

 

Held to Maturity Securities (HTM)

Please refer to BSD Circular no. 23 dated October 13, 2008 on the above subject.

Given the liquidity position of the market, it has been decided that securities classified under Held to Maturity category cannot be used for borrowing from SBP in OMOs / reverse repo facility.

These instructions will be effective from 19th October, 2012. All other instructions on subject remain unchanged.