Eligible Investors

All individuals and corporates having a bank account are eligible to invest in Pakistan government securities.

Investments in GOP securities can be made through the funds available in bank account and request for opening an IPS, Investor Portfolio Securities, account.

The process of registration and request for IPS opening can be initiated through registration on this portal. To start the process Click Here.

Secondary Market Trading Practices and Benchmarks:

The investors can also buy or sell their marketable government securities by using this portal to their respective banks. The yields of different types securities are published on the portal on daily basis. The investors can use these yields for reference purpose to calculate the expected cash value, profits etc. The investors are not allowed to trade coupon bearing instruments which are in shut period.  

• On the Run Issues are those issues which are currently been offered in the primary auctions and actively trade those securities.
• Off the run Issues are those issues which are not offered in the primary auctions but still outstanding in the market.

Pakistan government bonds are listed on Pakistan Stock Exchange, but bulk of trading volume is transacted through OTC market. OTC, Over the Counter, market is comprised of banks and brokers.

Electronic trading platform of Bloomberg is also utilized by banks to trade bonds. SBP, in addition to trading volume of Bloomberg platform, also publishes other secondary market data at Money and Secondary Markets on main site.

In order to facilitate general public and investors of government securities, Banks also contribute prices of On-The-Run securities at Live Quotes on a daily basis.