KARACHI: The government on Wednesday raised Rs546 billion through the sale of long-term Pakistan Investment Bonds (PIB) while sharply reducing cut-off yields by up to 70 basis points, pointing to expectations of lower interest rates ahead. Strong participation kept the borrowing within the Rs450bn auction target, although the government also secured additional sums through non-competitive […]
PIBs
SBP launches InvestPak portal for digital investment in government securities
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 […]