The
Presidents / Chief Executive Officers
All
Banks/ DFIs/ Investment Banks/ Listed Brokerage
Houses
Dear Sirs/Madams,
SELECTION
OF PRIMARY DEALERS FOR FY 2019- 20
Applications are invited
for appointment as Primary Dealer of Government
Securities (i.e. Pakistan Investment Bonds
and Market Treasury Bills) for FY 2019-20.
For this purpose, DMMD Circular
No. 12 dated July 03, 2012 and
No. 11 dated May 31, 2013 regarding
rules governing Primary Dealer system may
be referred.
Applicants are requested to furnish the
following information along with their application:
1. Latest Audited Annual
Report.
2. Detail of staff dedicated for PD business
as per Annexure A.
3. Detail of Investor Portfolio of Securities
(IPS) Accounts as of May 31, 2019, as per
Annexure B.
4. Latest Schedule of Charges for IPS Accounts.
5. Detail of initiatives, if any, undertaken
and/or planned to be undertaken by the applicant
for broadening the investor base and developing
the secondary market of Government Securities.
Applications, addressed
to Director ‘Domestic Markets &
Monetary Management Department’, must
reach State Bank of Pakistan, Karachi latest
by May 31, 2019 (close of business). Soft
copy of the application must also be emailed
at [email protected].