All Banks/DFIs
Dear Sir(s)/Madam(s),
Timings for Availing SBP Overnight Repo/Reverse-Repo Facilities under Interest Rate Corridor Mechanism
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 time 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) will be as under.
Days |
Time for availing Overnight Repo/Reverse Repo Facility From |
Monday to Friday |
04:30 PM to 05:00 PM |
The above instructions will be effective immediately. All are advised to strictly observe the aforesaid timings.
Other instructions on the subject shall, however, remain unchanged.