KARACHI: The Central Directorate of National Savings (CDNS) has secured Rs 1.14 trillion in fresh bond investments as of April 15, 2025, achieving 69.09% of its annual target in the first half of the final quarter of the current fiscal year.
According to APP, a senior official at CDNS told that the directorate has set an ambitious target of Rs 1.65 trillion for the fiscal year 2024–25, in a bid to further strengthen the country’s savings culture and offer secure investment avenues to the public.
The CDNS is also focusing on Islamic finance, setting a dedicated investment target of Rs 170 billion for the ongoing fiscal year. “This initiative aims to contribute to the growth of the Islamic economy and diversify our product offerings,” the official added.
Reflecting on past performance, the official noted that CDNS surpassed its annual target in FY 2023–24, raising Rs 1.742 trillion in fresh bonds, exceeding the Rs 1.7 trillion goal. The directorate also exceeded expectations in FY 2022–23 by securing Rs 1.6 trillion against a target of Rs 1.4 trillion—Rs 200 billion more than the Rs 1.3 trillion set for FY 2021–22.
The CDNS continues to introduce institutional reforms to modernize its operations and expand investor convenience. A key step in this direction is the rollout of Automated Teller Machines (ATMs), enhancing accessibility and service delivery.
In line with its strategic goals, the directorate had earlier set a Rs 75 billion target for Islamic finance bonds in FY 2023–24 and plans to expand offerings in this sector. “CDNS is committed to introducing new dimensions in Islamic finance, creating more options for Shariah-compliant investment,” the official stated.
