Regulatory Alerts2026-03-26 | FD Circular Letter No.03 of 2026Added · Updated
Standard Operating Procedures for Investment in Conventional Naya Pakistan Certificates
The Finance Division of the Government of Pakistan has revised the gross annual rates of return for Conventional Naya Pakistan Certificates, effective for issuances from March 27, 2026. The updated rates apply to USD, PKR, GBP, and Euro denominations across tenors ranging from three months to five years, with minimum investment thresholds set at 1,000 USD, 10,000 PKR, 1,000 GBP, and 1,000 Euro respectively. Agent banks are required to implement these revised rates for all new investments starting on the effective date.
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