Investment return on Naya Pakistan Certificates reaches 21.5%
.jpeg)
By 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 | 132,767.21 101.61M |
-0.48% -635.98 |
ALLSHR | 83,062.69 571.19M |
-0.15% -125.37 |
KSE30 | 40,401.04 36.11M |
-0.62% -250.42 |
KMI30 | 191,068.36 40.91M |
-0.53% -1015.55 |
KMIALLSHR | 55,751.01 291.22M |
-0.17% -96.68 |
BKTi | 36,242.23 6.37M |
-0.50% -180.64 |
OGTi | 28,271.81 7.33M |
-0.58% -165.80 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 109,155.00 | 109,545.00 108,625.00 |
-60.00 -0.05% |
BRENT CRUDE | 70.14 | 70.18 69.85 |
-0.01 -0.01% |
RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
2.05 2.15% |
ROTTERDAM COAL MONTHLY | 106.65 | 106.65 106.25 |
0.50 0.47% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 68.31 | 68.34 67.78 |
-0.02 -0.03% |
SUGAR #11 WORLD | 16.15 | 16.37 16.10 |
-0.13 -0.80% |
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 |
---|