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961022
STATE BANK CIRCULARS RELATING TO SECURITIES
S.D. Circular No. 02
dated the 22nd October, 1996
State Bank of Pakistan 3-day REPO Facility
Kindly refer to SD Circular No. 8 dated the 11th December, 1995 on the captioned subject.
It has been decided to increase the SBP 3-Day Repo Rate against Short-Term Federal Bonds and Federal Investment Bonds by 3.00 per cent to 20.00 per cent per annum with effect from 22nd October, 1996.
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