2025-02-11 | DMMD Circular No. 02The State Bank of Pakistan’s Domestic Market and Monetary Management Department issued revised operational instructions for conducting government securities buyback auctions on behalf of the Government of Pakistan. All primary dealers may submit competitive or non-competitive bids via the Bloomberg Auction Module, specifying bid prices and face values within stipulated deadlines. Successful transactions are settled by debiting securities from the SGLA and crediting current accounts, with auction details and results published on Refinitiv, Bloomberg, and the SBP website.