Trade Processing Center Operations Division Revision of Financing Rates under the rn TPC Bulletin# 31/10 We reproduce hereunder the text of State Bank of Pakistan SMEFD Circular No. 13 of 2010 dated September 30, 2010 regarding the captioned subject: All BOP Quote Please refer to SMEFD Circular No. 10 dated June 30, 2010 on the captioned subject. 2. It has been decided that rate of refinance under the Export Finance Scheme applicable from October 1, 2010 and onward till further instructions shall be 9% p.a. The commercial banks shall ensure that where financing facilities are extended by them to the exporters for availing refinance facilities under the Export Finance Scheme, their maximum margin / spread does not exceed 1% pa. 3. The financing facilities under Part-B (Export Sales) of the Scheme for financing Locally Manufactured Machinery shall also attract similar mark up rate structure. 4. The reimbursement of mark-up rate benefit to exporters, on excess performance under Part-I of the Scheme, as specified in SMEFD Circular No.15 dated October 31, 2009, will be adjusted accordingly keeping in view the revised mark-up rates. 5. Other instructions on the subject shall remain unchanged. Unquote Please bring the contents of this circular into the notice of all concerned officers and respective customers of the branch. Rewnis, A 7 4 \) fe Hex AAMIR HAMEED FAQIR SYED AZM ALI UNIT HEAD TPU HEAD OPERATIONS & IT