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MPS Preview: High for Longer

Investment return on Naya Pakistan Certificates reaches 21.5%

Investment return on Naya Pakistan Certificates reaches 21.5%
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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.

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Posted on: 2023-09-15T09:50:09+05:00