The State Bank of Pakistan (SBP) has announced timings for availing SBP Overnight Repo/Reverse-Repo Facilities under Interest Rate Corridor Mechanism during the month of Ramazan-ul-Mubarak. Time for availing Overnight Repo/Reverse Repo Facility from Monday to Thursday will be 1:00 pm to 1:45 pm and on Friday timing will be 12:00 pm to 12:30 pm.
In this regard, SBP has advised these timings will remain effective during the month of Ramazan-ul-Mubarak to intimate amount to State Bank of Pakistan by banks/DFIs desirous of availing the SBP Overnight Repo/Reverse Repo Facility (at floor/ceiling rate).
After Ramazan-ul-Mubarak above timings will automatically be reverted to pre Ramazan-ul-Mubarak timings. All are advised to strictly observe the aforesaid timings. Other instructions on the subject shall, however, remain unchanged.