Pakistan Investment Bonds
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Govt reduces rates on national savings schemes
Special Saving Certificates, Regular Income Certificates and Short Term Savings Certificates see largest cuts
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CDNS raises profit rates on saving certificates
Revises rates by up to 36 basis points to investor's benefit
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PTI govt borrows Rs58bn at relatively higher interest rate
Pakistan local currency bond yields rise 10 to 30 basis points in auction
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Pakistan’s foreign debt sustainability indicators worsen
External debt peaks at 159% of total reserves at the end of last fiscal year
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China leads as FDI in Pakistan soars to 30-month high at $487m
Improvement in data shows return of foreign investors’ confidence in economy
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Use of illegal remittance channels on the rise in Pakistan: Reza Baqir
SBP is not lending money to the govt since beginning of the current fiscal year
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After slow growth, bank deposits surge 7.43% in June 2019
Gain comes mainly due to legalising of black money under tax amnesty scheme
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CDNS clarifies decline in savings
National savings correlate with the auction of initial Pakistan Investment Bonds (PIB)
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Share of short-term public debt rises to mammoth Rs6.6tr
Country’s long-term debt decreased from Rs8.62 trillion to Rs8.3 trillion
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As maturities of PIBs near, easy-going banking set to take a hit
Analyst says it will result in drop in unrealised capital gains in 2016
