Circulars/Notifications - Exchange and Debt Management Department  
 EDMD Circular No. 05
May 7, 2004 

All Banks/DFIs/Investment Banks/Listed Brokerage Houses

Dear Sirs,

PRIMARY DEALER SELECTION FOR THE YEAR 2004-05

Applications are invited from interested financial institutions for appointment as Primary Dealer for Government Securities for the year 2004-05. For this purpose, EDMD Circular 8, dated July 5, 2003 regarding criteria and rules governing Primary Dealers, may be referred. The circular is accessible at http://www.sbp.org.pk/edmd/2003/EDMD8.htm. The applicants are requested to furnish the following information along with the application:

1. Latest Annual Report

2. Summary of Secondary Market Transactions in PIB/FIB as well as MTBs during the year 2003-04

Application from current primary dealers must reach Exchange and Debt Management Department, latest by May 20, 2004 and from non primary dealers latest by May 31, 2004.


Muhammad Arif
(Jr. Joint Director)

       
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