Investment return on Naya Pakistan Certificates reaches 21.5%
.jpeg)
MG News | September 15, 2023 at 09:50 AM GMT+05:00
September 15, 2023 (MLN): To offer lucrative returns for investors, the federal government on Friday declared a substantial upward revision in profit rates for Naya Pakistan Certificates Investors opting for a one-year investment in NPC will now enjoy a substantial 6% increase, resulting in an attractive return of 21.50%.
For those choosing to invest in US dollars for a year, there is a 1.50% increase in profit rates, setting the rate at an appealing 9%.
For investments in 3 Months NPC in US dollars term, the rate of profit has inched by 1.25%, now standing at an attractive 8.25% for a three-month investment. Meanwhile, domestic investors in rupees will enjoy a remarkable 6% increase, with returns reaching 21% for a three-month investment.
In the case of US dollar investments for six months in NPC, the rate has seen a boost of 1.30%, now offering a profit rate of 8.50%. For rupee investors, the profit rate for six months has surged by 6%, resulting in a highly competitive 21.25% return.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 156,177.82 367.85M | -0.00% -3.12 |
ALLSHR | 95,630.38 1,498.37M | -0.06% -60.44 |
KSE30 | 47,678.47 206.79M | -0.08% -35.92 |
KMI30 | 229,682.22 174.86M | -0.02% -39.87 |
KMIALLSHR | 64,366.76 638.47M | -0.08% -53.31 |
BKTi | 41,922.80 89.51M | -0.11% -46.72 |
OGTi | 31,735.79 16.87M | -0.80% -255.97 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 115,460.00 | 117,685.00 115,190.00 | -1630.00 -1.39% |
BRENT CRUDE | 67.98 | 68.59 67.79 | -0.49 -0.72% |
RICHARDS BAY COAL MONTHLY | 84.00 | 0.00 0.00 | -0.40 -0.47% |
ROTTERDAM COAL MONTHLY | 93.50 | 93.50 93.50 | 0.15 0.16% |
USD RBD PALM OLEIN | 1,106.50 | 1,106.50 1,106.50 | 0.00 0.00% |
CRUDE OIL - WTI | 64.06 | 64.67 63.83 | -0.46 -0.71% |
SUGAR #11 WORLD | 16.23 | 16.59 16.23 | -0.33 -1.99% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|