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Govt Increases Rate of Return on Naya Pakistan Certificates

by Ali Gulrez
Jan 27, 2023
in Business
0

The Government of Pakistan, Finance Division, has increased the rate of return on Naya Pakistan Certificates (NPCs) from 23rd January 2023.

Naya Pakistan Certificates, NPCs, Rate of Return
Govt Increases Rate of Return on Naya Pakistan Certificates

According to details, the rate of return for deposits in Pakistani Rupee (PKR) has seen the highest revision taking the revised rate up to 15.25% after an increase of 5.25%, depending on the tenor.

Meanwhile, other currencies like US Dollar (USD) has seen an increase in the rate of return of up to 1.5%, and Great Britain Pound (GBP) up to 1.25%.

However, Naya Pakistan Certificates (NPCs) have seen a decline in the rate of return for Euro (EUR) deposits for 3-month (0.75%), 6-month (0.50%), and 1-year (0.25%) tenor, while 3-year and 5-year deposits in the currency will get an increase of 1.00% and 0.75%, respectively.

Naya Pakistan Certificates (NPCs) Rate of Return

Below, you will find the breakdown of all the revised rate of return for Naya Pakistan Certificates (NPCs):

Pakistani Rupee (PKR)

US Dollar (USD)

Great Britain Pound (GBP)

Euro (EUR)

Link to Official Circular – https://www.sbp.org.pk.

Read more: How to invest in Naya Pakistan Certificates?

Follow INCPAK on Facebook / Twitter / Instagram  for update.

Tags: Naya Pakistan CertificatesNPCsRate of Return
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