PDMO Announces Interest Rates for Government Bonds
The PDMO has revealed new interest rates for sixyear government bonds for individual investors, ranging from 1.25% to 1.55% depending on the term length, with applications open from June 3 to June 20, 2024, offering a competitive weighted average rate of approximately 1.367%. This announcement signals a stable investment climate and provides an opportunity for investors to diversify their portfolios while securing predictable returns, reinforcing the government’s commitment to financial stability and sustainable debt management.