JAZZCASH and Mobilink Bank, in collaboration with the finance ministry and the State Bank, launched Government of Pakistan Treasury Bills on the JazzCash app at an event held at JazzCash headquarters in Islamabad. For the first time, Pakistanis can invest in government-backed securities directly from a digital wallet, a development that extends formal investment access well beyond the country’s approximately 1.4m existing public market participants.
The launch represents a significant step in democratising access to sovereign investment products and advancing Pakistan’s financial inclusion agenda through digital channels, acccording to a press release.
Finance minister Muhammad Aurangzeb said, ‘Under the prime minister’s vision for a digital economy, the government is working to deepen Pakistan’s financial markets, mobilise domestic savings and expand citizens’ participation in the formal economy. A stronger economy requires more Pakistanis to have access to regulated financial assets beyond conventional savings products.
‘By enabling investment in government securities, starting with T-bills from as little as Rs5,000 through a trusted digital platform such as JazzCash, this initiative translates that broader vision into practical access for citizens while helping build a wider and more diversified domestic investor base.
Access to T-Bills is now live on the JazzCash app. The product initially offers 3-month T-bills, with longer tenors planned for later phases. Eligible customers with a verified JazzCash account and an active Mobilink Bank deposit account can invest digitally, with Mobilink Bank acting as the regulated custodian and trustee.