The State Bank of Pakistan (SBP) has launched a web-based portal called InvestPak, a digital platform designed to simplify and automate the process of investing in government securities. The initiative aims to facilitate both individual and corporate customers maintaining PKR accounts with banks, Primary Dealers (PDs), and Microfinance Banks (MFBs). Through InvestPak, investors can now open Investor Portfolio of Securities (IPS) accounts, place bids in government securities auctions, and trade in the secondary market without the need to physically visit their financial institutions. The portal is accessible at https://investpak.sbp.org.pk/ and will soon be available through a mobile application as well.
According to SBP’s circular issued to the Presidents and Chief Executives of all Banks, Primary Dealers, and Microfinance Banks, all banks and PDs are required to support customer registration on the new portal. MFBs have also been encouraged to onboard their clients. SBP has directed all financial institutions to maintain high service standards to ensure a seamless digital experience. The portal has been designed to meet the operational requirements of both primary auctions and secondary market trading of government securities. Financial institutions have been provided with portal access to configure their front, middle, and back-office treasury functions, enabling full integration into their existing systems.
Individuals, joint account holders, and corporate entities with PKR bank accounts are eligible to register digitally through their IBANs. For investors who do not already have IPS accounts, the portal allows them to request new account openings alongside registration. Customers can also manage multiple IPS accounts across different financial institutions under one registered account. To ensure transparency and ease of use, the portal provides detailed user guides for individuals, joint investors, and corporate clients. Financial institutions have been tasked with processing registration and onboarding requests promptly while providing necessary support throughout the process.
The portal will also host government securities auctions as scheduled in SBP’s official auction calendar. Registered users will be able to participate in these auctions directly by submitting Competitive Bids (CBs) or Non-Competitive Bids (NCBs) to their financial institution through InvestPak. Detailed guidelines for auction participation are available on the platform, ensuring uniformity and accessibility for all users. Additionally, investors can buy or sell government securities in the secondary market by requesting quotes from their banks. Financial institutions are required to provide firm and time-bound quotes during business hours, while trades initiated after hours will be processed on the following working day.
Settlement of transactions will continue under existing mechanisms, with PDs updating yields and prices of active securities on the “Indicative Quotes” page of the portal. These prices will remain visible to the public to promote transparency. Once securities are purchased or sold, they will automatically appear in the investor’s portfolio. For transactions made outside the platform, financial institutions must update portfolio records through the provided upload functionalities. Customers can also lodge complaints directly through the portal or via a dedicated call center, with SBP mandating financial institutions to address and resolve all customer issues promptly.
SBP has confirmed that the InvestPak portal became operational for public use on November 6, 2025. The launch marks an important step in Pakistan’s ongoing financial digitization efforts, providing investors with secure, efficient, and user-friendly access to government securities while supporting the central bank’s goal of broadening participation in the national investment landscape.
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