Related Links
Pakistan Investment Bonds (Floaters)
Fixed Income Sales
 

Pakistan Investment Bonds (Floaters)

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

Salient Features
  • Issuer: Government of Pakistan
  • Coupon: 6 Month weighted Average yield of TBILL + Spread (paid semi-annually)
  • Tenor: 10 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 shall not be redeemable before maturity
  • 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.
Home Remittance
Online Tracking
Country
Select
Copyright © Last Updated On: 23 December 2024.
This website is under the ownership of United Bank Limited (UBL).
All Rights Reserved.
Privacy Policy
|
Terms of Use
|
Site Map
|
Contact Us
Privacy Policy
 
Terms of Use
 
Site Map
 
Contact Us
Copyright © Last Updated On: 23 December 2024. This website is under the ownership of United Bank Limited (UBL). All Rights Reserved.