The State Bank of Pakistan (SBP) has formally launched InvestPak, a digital web portal and mobile application that provides direct retail access to government debt instruments. Announced on July 6, 2026, by Finance Minister Muhammad Aurangzeb and SBP Governor Jameel Ahmad, the launch was accompanied by a nationwide public awareness campaign.
Direct Access to Sovereign Debt Instruments
InvestPak allows Pakistani citizens, individual and joint account holders, corporate entities, and non-bank financial institutions with a PKR bank account and IBAN to complete digital onboarding for Investor Portfolio Securities (IPS) accounts. Investors can participate in sovereign debt markets without visiting physical bank branches, purchasing or selling Market Treasury Bills (MTBs), Pakistan Investment Bonds (PIBs), and Ijara Sukuk.
The platform features a unified dashboard that lets users manage multiple PKR and IPS accounts across participating financial institutions. Investment accessibility is expanded through lower entry limits, with minimum participation starting at PKR 5,000 for Market Treasury Bills.
Auction Participation and Market Features
InvestPak supports both competitive and non-competitive bidding in primary government debt auctions. In addition, investors can conduct secondary market trading using live bank quotes. An online yield calculator is built into the platform to help users evaluate daily returns before placing auction bids.
Regulatory Changes and Getting Started
The platform launch comes alongside a related regulatory update. Effective August 1, 2026, the SBP restricted mandatory minimum deposit profit rates to individual balances up to PKR 10 million, encouraging larger depositors to consider sovereign debt securities.
To start using the platform, eligible investors can obtain their PKR bank IBAN, register through the InvestPak portal (investpak.sbp.org.pk) or mobile application, and submit a digital IPS account request to their bank. Investors should review individual bank fee schedules and tax rules, as custodial charges, transaction fees, and withholding tax deductions vary across participating financial institutions.