Regulatory Alerts2025-02-20 | FD Circular Letter No.01Amendment to Notification Regarding Rates of Return on Naya Pakistan Certificates
The Finance Division has issued an amendment to S.R.O. 33(I)/2025 concerning the rates of return for Naya Pakistan Certificates. This notification mandates that the specified rates of return shall officially become effective on the date of the relevant SBP Circular Letter. The core underlying rates for various currencies and tenors remain consistent with those previously published in the January 16, 2025, gazette notification.
The Gazette of Pakistan
EXTRAORDINARY PUBLISHED BY AUTHORITY
ISLAMABAD, WEDNESDAY, FEBRUARY 19, 2025
PART II
Statutory Notifications (S.R.O.)
GOVERNMENT OF PAKISTAN FINANCE DIVISION (External Finance Wing)
NOTIFICATION
Islamabad, the 12th February, 2025
S. R. O. 174(I)/2025.—In pursuance of rules 8 and 12 of the Naya Pakistan Certificates Rules, 2020, the Finance Division is pleased to direct that the following further amendment shall be made in its Notification No. S.R.O. 33(I)/2025, dated the 16th day of January, 2025, namely:—
In the aforesaid Notification, after the Table, the following paragraph shall be added, namely:—
"2. The above rates of return on Naya Pakistan Certificates (NPC) shall become effective from the date of SBP Circular Letter."
[No. F.3 (8-A) EF (FCM)/2020.]
HAMZA AKBAR SHARIFZADA, Section Officer (EF-FCM).