The desk caters transactions between prestigious clients (financial institutions), in local currency on a day-to-day basis and facilitate financial transactions (repo, reverse repo, call, clean, and outright sale/purchase of Treasury Bills, Pakistan Investment Bonds) for banks, Non-Banking Financial Institutions (NBFIs), Development Finance Institutions (DFIs), and corporates.
The desk act as intermediary, connecting banks and other financial institutions for the buying and selling of foreign currencies. It facilitates currency transactions between banks, primarily in the spot, forward, and swap markets.
