Regulatory Alerts2025-02-11 | DMMD Circular No. 02Added · Updated
Revised Operational Instructions for Buyback of Government Securities
The State Bank of Pakistan issues revised operational instructions for the buyback of Government Securities, including MTBs and PIBs, superseding DMMD Circular No. 06 of 2024. All Primary Dealers are eligible to submit competitive and non-competitive bids via the Bloomberg Auction Module, specifying bid prices up to four decimal places and face values. The central bank will announce auction details and results on Refinitiv, Bloomberg, and its website, with settlement involving debits from the SGLA and credits to current accounts on the settlement date.
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monetary
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