KARACHI: The State Bank of Pakistan (SBP) on Thursday launched InvestPak, a new digital platform that enables individuals and corporates to invest in government securities through a fully online process.
According to the central bank, the web-based portal has been developed to digitise investment in government papers for customers maintaining rupee accounts with banks, primary dealers (PDs), and microfinance banks (MFBs).
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Government securities — including Market Treasury Bills (MTBs) and Pakistan Investment Bonds (PIBs) — are currently issued through regular auctions. The government has also recently begun raising funds via Sukuk bonds listed on the stock market.
As of June 30, 2025, total investment in government securities stood at Rs46.566 trillion, with scheduled banks holding Rs38.7tr (83 per cent) and corporates Rs7.856tr (17pc). The inclusion of individual investors through InvestPak is expected to further boost participation and broaden the government’s domestic funding base.
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The SBP said the portal allows customers of financial institutions to open Investor Portfolio of Securities (IPS) accounts, place bids in primary auctions, and buy or sell securities in the secondary market — all without visiting a bank.
“All banks are mandated to facilitate their customers in registering on the portal, while MFBs are encouraged to do the same,” the SBP said in a circular. “Financial institutions must ensure a smooth user experience and high service standards.”
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Through InvestPak, customers can digitally link and operate multiple rupee and IPS accounts across different financial institutions using a single registered account. Registration requests must be processed and responded to within two working days, according to the central bank’s directive.