Circulars/Notifications - Domestic Market & Monetary Management Department  

DMMD Circular No. 11 of 2018

May 17, 2018 

All Banks/DFIs

Dear Sirs/Madams,

Timings for Availing SBP Overnight Repo/Reverse-Repo Facilities during the Month of Ramazan-ul-Mubarak

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 Ramazan-ul-Mubarak to intimate amount to State Bank of Pakistan by banks/DFIs desirous of availing the SBP Overnight Repo/Reverse Repo Facility (at floor/ceiling rate).


Days Time for availing Overnight Repo/Reverse Repo Facility From
Monday to Thursday 01:00 PM to 01:45 PM
Friday 12:00 PM to 12:30 PM


After Ramazan-ul-Mubarak above timings will automatically be reverted to pre Ramazan-ul-Mubarak timings. All are advised to strictly observe the aforesaid timings.

Other instructions on the subject shall, however, remain unchanged.



Yours truly,

(Rizwana Rifat)
Senior Joint Director

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