Please refer to DMMD circular no. 17 dated October 14, 2011 regarding timings for availing SBP Overnight Repo /Reverse-Repo Facility under Interest Rate Corridor Mechanism.
In this regard, it is advised that following timings will remain effective during the month of Ramzan-ul-Mubarak to intimate amount to State Bank of Pakistan by eligible Banks/PDs/DFIs desirous of availing the SBP Overnight Repo/Reverse Repo Facility (at floor/ceiling rate).
Days |
Time for Overnight Repo/Reverse
Repo Facility |
Monday to Thursday
|
01:00 PM to 01:45 PM |
Friday
|
12:00 PM to 12:30 PM |
After Ramzan-ul-Mubarak above timings will automatically be reverted to pre Ramzan-ul-Mubarak timings. All are advised to strictly observe the aforesaid timings.
Other instructions on the subject shall, however, remain unchanged.