Regulatory Alerts2025-12-15 | DMMD Circular No. 09Added · Updated
SBP Policy Rate and Overnight Repo and Reverse-Repo Facilities
The State Bank of Pakistan decreases its Policy Rate from 11.00% to 10.50%, effective December 16, 2025. The Overnight Reverse Repo (Ceiling) rate is set at 11.50%, and the Overnight Repo (Floor) rate is set at 9.50%, establishing an interest rate corridor width of 200 basis points. These adjustments apply to all commercial banks and primary dealers, with other existing instructions remaining unchanged.
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