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011023

The Gazette of Pakistan
ISLAMABAD, TUESDAY, OCTOBER 23, 2001
PART II
Statutory Notifications (S.R.O)
GOVERNMENT OF PAKISTAN
FINANCE DIVISION
(Budget Wing)
(DEBT MANAGEMENT CELL)
NOTIFICATION
Islamabad, the 22nd October, 2001

S.R.O. 722(I)/2001.—In exercise of the powers conferred by clause (b) of sub-section (2) of section 3 of the Foreign Exchange (Temporary Restrictions) Act, 1998 (IV of 1998) and section 28 of the Public Debt Act, 1944 (XVIII of 1944), the Federal Government is pleased to direct that the following further amendment shall be made in the Special US Dollar Bonds Rules, 1998, namely:-

In the aforesaid Rules, in rule 10, for sub-rule (3) the following shall be substituted, namely:--

"(3) face value of bonds of three years’ maturity may be re-invested further for a period of three years or seven years commending from the date of redemption at a profit of six months’ LIBOR on the day preceding the date of payment plus two per cent."

[No. F. 12 (3) DM/2000/1783]

M. OMAR-UZ-ZAMAN FAROOQUI
Section Officer (DM)


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