*ISLAMABAD:* The government on Tuesday revised the rates of return forrupee denominated Islamic Naya Pakistan Certificates (NPC) of differentmaturities.
According to a notification issued by the finance division, the rate ofreturn for rupee denominated NPCs with a maturity of three months has beenrevised from 9.5% up to 15% while the six-month return has been raised from10% to 15%.
The one-year return has been revised up from 10.5% to 15.5%, while thethree- and five-year returns have been increased from 10.75% to 14% and 11%to 13.5% respectively.
Last month, the government increased the rate of return for US-dollardenominated NPCs, too. Three-month certificates were raised from 5.5% to 7%while the six-month return was raised from 6% to 7.2%.
The one-year return had been revised up from 6.5% to 7.5% while three- andfive-year returns were increased to 8% from the previous rates of 6.75% and7% respectively.
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Similarly, the rates for pound-denominated NPCs had also been revised up to5.5% for a maturity period of three months, 6% for six months, 7% for oneyear and 7.5% each for a period of three and five years respectively.
For Euro-denominated NPCs, the government had revised the rates of returnsto 4% for a maturity period of three months, 4.5% for six months, 5% forone year and 6.5% each for a period of three and five years.
