IPS Account definition
IPS Account means [Investor Portfolio Securities Account maintained with CDC for custody and settlement of Government Securities traded in the secondary market];
IPS Account means Investor Portfolio Securities Account enabling customers to maintain their Pak Rupee (Rs.) denominated Government Debt Securities with Primary Dealers, Commercial Banks and CDC who are authorized by SBP to have SGLA with SBP;
Examples of IPS Account in a sentence
The Investor has already opened a CDC IPS Account No. (‘Account’) with CDC to enable CDC to provide custodial services of the Govt.
The BHO shall comply with all requirements, including employment standards, detailed in 45 CFR Part 76, and ▇▇▇ # ▇▇-▇▇-▇▇.