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National news-Government raises cut-off yields on PIBs.

Source :
Enterprise (Pakistan). Apr2021, Vol. 27 Issue 4, p7-7. 1p.
Publication Year :
2021

Abstract

The government increa¬sed the returns on the long-term Pakistan Investment Bonds (PIBs) up to 42 basis points despite no change in the policy interest rate. Bankers said the cut-off yield was increased due to higher inflation which makes the returns negative or extremely low. [Extracted from the article]

Details

Language :
English
ISSN :
22242309
Volume :
27
Issue :
4
Database :
Academic Search Index
Journal :
Enterprise (Pakistan)
Publication Type :
Periodical
Accession number :
149776791