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gdnt Covid vaccination in Sindh begins Feb 3 - CharlesteNup - 06-16-2024 Flju Court Order K-P police to induct fallen officials sons KARACHI:It is said that the best indications of the future course for the monetary policy come from the bond market.And the verdict of Pakistan s bond market is loud and clear: the central bank is going to cut the key interest rate by at least 50 basis points to 9.5% in the next policy announcement in May. Here is how the changing investment pattern in the bond market points to an imminent discount rate reduction.Currently, the difference in the yields of three-, six- and 12-month market treasury bills is minimal. With present rates of return at 9.96%, 9.98% and 9.98% respectively, the difference is practically of three basis points only.Yet investors chose to give the most attention to the 12-month i yeezys nstrument by inves adidas yeezy ting over Rs171.3 b yeezy 500 illion in it during the last T-bills auction. In other words, almost three-fourth of the total market participation of Rs231.7 billion was concentrated in the 12-month instrument.In contrast, the six-month instrument received Rs43.1 billion and the thr RAWALPINDI:Anti-corruption officials arrested on Monday the elder brother of a retired high-ranking military officer over an alleged land scandal immediately after his interim bail was cancelled by a local court.Najaf Hameed, elder brother of former Inter-Services Intellig nb ence (ISI) director general Lt-Gen (retd) Faiz Hameed, was later produced in the court of Senior Civil Judge Rawalpindi Waqar Hussain Gondal, who sent him on judicia newbalance schuhe l remand until April 1.Najaf Hameed is accused of being involved in a scandal, involving land in the Chakwal district, worth millions of rupees. The Chakwal police had registered a case of fraud against seven accused under sections 468, 420 and 471 of the Criminal Procedure Code (CrPC).ReadFaiz denies allegations of conspiracy against govtNajaf Hameed was on interim bail and he was scheduled to appear before Rawalpindi Anti-Corruption Special Court Judge Ali Nawaz on nb balance Monday. However, he was bit late and when his case was taken up, he was not present, there |