(1) An open market operation committee consisting of the following members shall be formed to carry out the work related to bond issue:-
(a) Deputy Governor of the Bank (looking after National Debt Management Department) – Chairman
(b) Representative of the Ministry of Finance (Gazetted First Class) – Member
(c) Departmental Head of National Debt Management Department of the Bank - Member
(d) Departmental head of the research department of the bank - member
(e) Departmental Head of the Banking and Financial Institutions Regulation Department of the Bank - Member

(f) Departmental Head of the Banking Office of the Bank - Member
(g) Director of National Debt Management Department of the Bank (see Treasury) – Member-Secretary
(2) The committee according to sub-rule (1) may invite experts or employees in its meeting as per the need.
(3) The procedure related to the meeting of the committee formed according to sub-rule (1) shall be as determined by the committee itself.
(4) For participating in the meeting of the committee constituted as per sub-rule (1), members of the committee and invited members shall receive meeting allowance as specified by the governor.