Karachi February 20 2025: Government of Pakistan reduces rates on Naya Pakistan Certificates, according to the circular issued by State Bank of Pakistan.
Rate on USD certificate is reduced to 7 percent on maturity of 3, 6 and 12 months from 8.25, 8.50 and 9.00 percent while reduced to 7.50 percent on 3 and 5 year from 8.00 percent earlier.
Rate on PKR certificate is reduced to 13.50 percent on maturity of 3 and 6 months from 21.00 and 21.50 percent while reduced to 13.00, 12.50 and 12.50 percent on 12 month, 3 year and 5 year from 21.50, 17.50 and 15.00 percent earlier.
Rate on GBP certificate is reduced to 7.25 percent on maturity of 6 and 12 months from 7.50 and 8.00 percent while maintained at 7.50 percent for 3 year and 5 year period. The rates are also maintained at 7.25 percent for a 3 month certificate.
Rate for all Euro certificate reduced to 5.25 from earlier returns of 6.25 percent on 3 month, 6.50 percent on 6 months, 7.00 percent on 12 months, 6.50 percent on 3 years and 5 years each.
