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010725
THE BANK OF PAKISTAN CENTRAL DIRECTORATE KARACHI
EDMD Circular No.02
25th July, 2001
All Scheduled Banks
Dear Sirs,
OPEN MARKET OPERATIONS (OMO’s)
Please refer to our SD Circular
No.05 dated 31-08-1999, containing the schedule of Primary auctions and OMO’s.
In this context it is advised that effective from today, the 25th July 2001,
OMO’s will be conducted as and when required by market conditions. The State Bank of
Pakistan will, however, give prior intimation. Other terms and conditions on the subject
will remain unchanged.
Yours faithfully,
Sd/-
(Muhammad Shakir)
Director
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