Securities’ dealers: SBP invites applications for 2011-12

SBP invites applications from interested financial institutions for appointment as primary dealers of govt securities


Express May 17, 2011

KARACHI:


The State Bank of Pakistan (SBP) has invited applications from interested financial institutions for appointment as primary dealers of government securities for financial year 2011-12, says a press release issued on Monday.


The applicants have been requested to furnish by June 7 their applications with latest annual report and summary of month-wise secondary market transactions in Pakistan Investment Bonds (PIBs) and Market Treasury Bills (MTBs) from July 1, 2010 to June 4, 2011.

Existing primary dealers are National Bank, Standard Chartered Bank, United Bank, Habib Bank, JS Bank, Pak Oman Investment Company, NIB Bank, Citibank, MCB Bank and Faysal Bank.

Published in The Express Tribune, May 17th, 2011.

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