Government of Pakistan,(Naya Pakistan Certificates) Finance Division has increased the interest rate on New Pakistan Certificates (NPCs) from 23 January 2023. The government has increased the interest rate on Naya Pakistan Certificates.
Government has increased the interest Rate on Naya Pakistan Certificates
According to the details, the rate of return for deposits in Pakistani Rupee (PKR) has seen the highest revision, taking the revised rate to 15.25 percent after a period-wise increase of 5.25 percent.
Meanwhile, other currencies such as the US Dollar (USD) saw gains of up to 1.5% and the Great Britain Pound (GBP) up to 1.25%.
However, New Pakistan Certificates (NPCs) have seen a decline in the rate of return on Euro (EUR) deposits for 3-month (0.75%), 6-month (0.50%), and 1-year (0.25%) tenures. While the currency will increase by 1.00% and 0.75% on 3-year and 5-year deposits respectively.
New Pakistan Certificates (NPCs) Return Rate
Below, you will find a summary of all revised rate of return for Naya Pakistan Certificates (NPCs):
Pakistani Rupee (PKR)
US Dollar (USD)
British Pound (GBP)
Euro (EUR)
Official Circular Link – https://www.sbp.org.pk.