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The State Bank of Pakistan has invited applications from interested financial institutions for appointment as Primary Dealer of Government Securities for the next 2010-11 fiscal year.
According to a circular, (FSCD Circular No 6) issued on Monday, interested financial institutions are requested to furnish their latest annual report and summary of month-wise Secondary Market Transactions in Pakistan Investment Bonds (PIBs) and Market Treasury Bills (MTBs) from July 1, 2009 to June 04, 2010 along with the application. According to the circular, applications must reach Financial Markets Strategy & Conduct Department of the State Bank latest by June 07, 2010.

Copyright Business Recorder, 2010

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