SBP invites applications for appointment of Primary Dealers for government securities

MG News | April 28, 2021 at 09:08 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

April 28, 2021 (MLN): The State Bank of Pakistan (SBP) has invited applications from eligible institutions for appointment as Primary Dealer (PDs)/ Preliminary Primary Dealers/ (PPDs)/ Special Purpose Primary Dealers (SPDs) of Government Securities (Pakistan Investment Bonds and Market Treasury Bills) for FY22.

According to the circular issued by SBP, the selection criteria, process thereof, privileges, obligations, and performance criteria for each category of the dealership, can be seen in DMMD Circular No. 07 of 2021 issued on April 12, 2021, in which SBP notified that it introduced two additional categories of dealers, in addition to the full-fledged Primary Dealers, under the Primary Dealers System of marketable government securities.

As per the circular, applications, addressed to Director ‘Domestic Markets & Monetary Management Department’, must reach the State Bank of Pakistan, Karachi latest by 25-May-2021. A soft copy of the application must also be emailed at pd.reporting@sbp.org.pk.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	168,155.49 146.93M	-0.29% -481.36
ALLSHR	101,821.25 491.54M	-0.27% -275.83
KSE30	50,151.61 66.23M	-0.22% -111.06
KMI30	240,694.06 56.00M	-0.34% -821.69
KMIALLSHR	65,906.19 236.46M	-0.35% -230.83
BKTi	46,796.32 10.20M	-0.20% -94.16
OGTi	34,362.14 4.89M	0.39% 134.82

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	84,920.00	84,920.00 84,680.00	330.00 0.39%
BRENT CRUDE	102.61	103.04 98.40	0.30 0.29%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	0.50 0.39%
ROTTERDAM COAL MONTHLY	140.00	143.25 140.00	-3.90 -2.71%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	91.26	93.51 88.06	-1.61 -1.73%
SUGAR #11 WORLD	19.91	19.96 18.93	0.97 5.12%