Pakistan Investment Bonds

is a conventional Fixed Coupon bond , bearing bond classification of Par + Coupon. The Pricing is based on market determined yields.

Salient Features

Issuer: Government of Pakistan
Coupon: 7.00, 7.75, 8.75, 10.75 (paid semi-annually)
Tenor: 3 , 5, 10, 20 Years
Denominations: Multiple of 100,000 Pak rupees
Withholding Tax: Deducted at source (as per government regulations)
Sale of Bills: Through designated Primary Dealers
Redemption: PIBs are script less & traded freely in the Secondary Market and are transferable.
Tradable: PIBs are script less & traded freely in the Secondary Market and are transferable.
Custodianship As the PIBs are script less instruments, client’s holding are held in the Investor Portfolio Services (IPS) Account managed through Subsidiary General Ledger Accounts with banks.