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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