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The State Bank of Pakistan (SBP) has invited applications from interested financial institutions for appointment as Primary Dealers of Government Securities, ie, Pakistan Investment Bonds and Market Treasury Bills, for the year 2014-15. Applicants have been asked to furnish the following information along with the application:
1- Latest annual report
2- Summary of month-wise secondary market transactions in PIBs and MTBs from July 1, 2013 to May 30, 2014 as per format.
3- Detail of Investor Portfolio Securities (IPS) accounts as per format.
4- Latest schedule of charges for Investor Portfolio Securities account.
5- Existing Primary Dealers should provide month-wise summary of secondary market transactions, with other PDs, in PIBs and MTBs, concluded on EBND (Electronic Bond Trading System) during the period from July 01, 2013 to May 30, 2014. According to the circular, applications should be addressed to the Director Domestic Markets & Monetary Management Department SBP and must reach as on June 06, 2014.

Copyright Business Recorder, 2014

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