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 | 138,412.25 167.69M | 0.32% 447.43 |
ALLSHR | 85,702.96 423.92M | 0.15% 131.52 |
KSE30 | 42,254.84 82.09M | 0.43% 180.24 |
KMI30 | 194,109.59 84.37M | 0.15% 281.36 |
KMIALLSHR | 56,713.67 217.03M | 0.03% 16.37 |
BKTi | 37,831.34 13.04M | 1.62% 603.62 |
OGTi | 27,440.63 3.93M | -0.09% -23.70 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 118,625.00 | 119,740.00 118,145.00 | 330.00 0.28% |
BRENT CRUDE | 73.34 | 73.52 71.75 | 0.83 1.14% |
RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 | 2.20 2.33% |
ROTTERDAM COAL MONTHLY | 104.50 | 104.50 104.50 | -0.30 -0.29% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 | 0.00 0.00% |
CRUDE OIL - WTI | 70.23 | 70.35 68.45 | 1.02 1.47% |
SUGAR #11 WORLD | 16.50 | 16.58 16.37 | -0.09 -0.54% |
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 |
---|