KARACHI: State Bank of Pakistan (SBP) has invited applications from interested financial institutions for appointment as Primary Dealers (PDs) of Government Securities for Financial Year 2011-12.
Applications must reach the Domestic Markets & Monetary Management Department (DMMD), State Bank of Pakistan by June 07, 2011 the latest, it said in a statement here on Monday.
The applicants have also been requested to furnish to DMMD with their applications the latest annual report and the summary of month-wise Secondary Market Transactions in Pakistan Investment Bonds (PIBs) and Market Treasury Bills (MTBs) from July 1, 2010 to June 04, 2011 according to the format attached with DMMD Circular No. 06 dated May 16, 2011.
The existing PDs include: M/s National Bank of Pakistan, Standard Chartered Bank (Pakistan) Limited, United Bank Limited, Habib Bank Limited, JS Bank Limited, Pak Oman Investment Co. Ltd, NIB Bank Limited, Citibank NA, MCB Bank Limited and Faysal Bank Limited.
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