Standard Operating Procedures for Investment in Conventional Naya Pakistan Certificates

Currency

Minimum Investment

Rate of return (Gross annual return before tax)

3-Month

6-Month

12-Month

3-Year

5-Year

USD

1,000 with integral multiples of 500

6.75%

7.00%

7.25%

7.50%

7.75%

PKR

10,000 with integral multiples of 1,000

11.75%

12.00%

12.25%

12.50%

12.75%

GBP

1,000 with integral multiples of 500

6.75%

7.25%

7.50%

7.75%

8.00%

Euro

1,000 with integral multiples of 500

4.75%

5.25%

5.50%

6.00%

6.25%

SAR

1,000 with integral multiples of 500

6.50%

6.75%

7.00%

7.25%

7.50%

AED

1,000 with integral multiples of 500

6.50%

6.75%

7.00%

7.25%

7.50%

2. The procedure for investment in Certificates, periodic coupon payment, pre-mature encashment and redemption at maturity as notified vide FD Circulars issued from time to time on the subject, shall also apply to the NPCs denominated in SAR and AED. However, the agent banks shall remit the face value of the Certificates to the following Nostro Accounts of SBP:

a. Saudi Arabian Riyal (SAR) Name of Payee: State Bank of Pakistan Payee's Address: I. I. Chundrigar Road, Karachi, Pakistan Payee's SWIFT Code: SBPPPKKA Bank Name: Saudi National Bank Bank Address: Riyadh, Saudi Arabia Payee's Account No: 88300000006704 Bank SWIFT Code: NCBKSAJE b. UAE Dirham (AED) Name of Payee: State Bank of Pakistan Payee's Address: I. I. Chundrigar Road, Karachi, Pakistan Payee's SWIFT Code: SBPPPKKA Bank Name: First Abu Dhabi Bank Bank Address: Abu Dhabi, UAE Payee's Account No: 4022003276058015 Bank SWIFT Code: NBADAEAAVOS

3. The revised rates of return, as given in para 1 above, shall be applicable on NPC issued from June 01, 2026 onwards.

4. Please acknowledge receipt.

Enclosed:

Yours sincerely,

Syed Dabir Saeed Shah Director

Home — Circulars — FD Circular Letter No. 04

Standard Operating Procedures (SOPs) for Investment in Conventional Naya Pakistan Certificates (NPC)

July 01, 2026