Regulatory Alerts2026-06-01 | FD Circular Letter No.04Notification of Rates of Return for Naya Pakistan Certificates
This notification from the Finance Division establishes updated rates of return for Naya Pakistan Certificates denominated in Pakistani Rupees, US Dollars, British Pounds, Euros, Saudi Riyals, and UAE Dirhams across multiple investment tenors. It supersedes previous notifications S.R.O. 325(I)/2026 and S.R.O. 536(I)/2026 to define specific currency denominations and their corresponding returns. These revised rates become officially effective starting from the date of the State Bank of Pakistan's subsequent circular letter.
THE GAZETTE OF PAKISTAN EXTRAORDINARY PUBLISHED BY AUTHORITY ISLAMABAD, FRIDAY, MAY 15, 2026
PART II Statutory Notifications (S. R. O.)
GOVERNMENT OF PAKISTAN FINANCE DIVISION (External Finance Wing)
NOTIFICATION
Islamabad, the 15th May, 2026
S. R. O. 870(I)/2026.—In exercise of the powers conferred by rules 7, 8 and 12 of the Naya Pakistan Certificates Rules, 2020, and in supersession of its Notifications No. S.R.O. 325(I)/2026 dated 13th February, 2026 and S.R.O. 536(I)/2026 dated the 26th March, 2026, the Finance Division is pleased to notify that the certificates shall also be issued in the currencies specified in column (2) of the Table below with corresponding minimum denomination of the currency as specified in column (3) of that Table and shall have rates of return as specified in columns (4), (5), (6), (7) and (8) respectively of the said Table, namely:—
| Sr. No. | Currency | Minimum denomination | 3 months | 6 months | 12 months | 3 years | 5 years |
|---|---|---|---|---|---|---|---|
| 1. | Pak Rupees | PKR 10,000 | 11.75% | 12.00% | 12.25% | 12.50% | 12.75% |
| 2. | US Dollars | USD 1,000 | 6.75% | 7.00% | 7.25% | 7.50% | 7.75% |
| 3. | Great Britian Pound | GBP 1,000 | 6.75% | 7.25% | 7.50% | 7.75% | 8.00% |
| 4. | Euro | Euro 1,000 | 4.75% | 5.25% | 5.50% | 6.00% | 6.25% |
| 5. | Saudi Riyal | SAR 1,000 | 6.50% | 6.75% | 7.00% | 7.25% | 7.50% |
| 6. | UAE Dirham | AED 1,000 | 6.50% | 6.75% | 7.00% | 7.25% | 7.50% |
- The above rates of return on Naya Pakistan Certificates (NPCs) shall become effective from the date of issuance of SBP Circular Letter.
[No. F. 3(8-A)/EF(FCM)/2020.]
HAMZA AKBAR SHARIFZADA, Section Officer (EF-Commercial).