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The State Bank of Pakistan (SBP) has invited applications for appointment as Primary Dealer (PD) of Government Securities i.e. Pakistan Investment Bonds and Market Treasury Bills for FY 2019-20.
SBP has asked applicants to furnish the latest audited annual report, detail of staff dedicated for PD business, latest schedule of charges for Investor Portfolio of Securities (IPS) accounts and detail of IPS accounts as of May 31, 2019.
In addition, applicants are required to provide the detail of initiatives, if any, undertaken and/or planned to be undertaken by the applicant for broadening the investor base and developing the secondary market of Government Securities.
Applications will be addressed to Director "Domestic Markets & Monetary Management Department," must reach State Bank of Pakistan, Karachi latest by May 31, 2019.

Copyright Business Recorder, 2019

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