Circulars/Notifications - Domestic Market & Monetary Management Department  
 DMMD Circular No. 07 of 2014

May 16, 2014 



All Banks/DFIs/Investment Banks/Listed Brokerage Houses

Dear Sirs/Madams,

 

PRIMARY DEALER SELECTION FOR THE YEAR 2014-15

Applications are invited from interested financial institutions for appointment as Primary Dealer of Government Securities (i.e. Pakistan Investment Bonds and Market Treasury Bills) for the year 2014-15. For this purpose, DMMD Circular No. 12 dated July 03, 2012 regarding selection criteria and rules governing Primary Dealer system and any subsequent changes may be referred. Applicants are requested to furnish the following information along with the application.

1- Latest Annual Report.
2- Summary of month-wise Secondary Market Transactions in PIBs and MTBs from July 1, 2013 to May 30, 2014 as per format attached as Annexure-A.
3- Detail of Investor Portfolio Securities (IPS) Accounts as per format attached as Annexure-B.
4- Latest Schedule of Charges for Investor Portfolio Securities Account.
5- Existing Primary Dealers should provide month-wise summary of secondary market transactions, with other PDs, in PIBs and MTBs, concluded on EBND (Electronic Bond Trading System) during the period from July 01, 2013 to May 30, 2014 as per Annexure-C.

Applications, addressed to Director Domestic Markets & Monetary Management Department, must reach to State Bank of Pakistan, Karachi Latest by close of business on June 06, 2014.


  

Yours truly,

Sd/-

( Athar Ghafoor )
Senior Joint Director


       
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