Dhaka, Jan. 2 -- Pensioners and elderly citizens see red as their much-needed earnings from savings certificates squeeze for yield-rate cutbacks under government debt-servicing pressures, sources say.

The public debt buildups prompt the government to further lower yields on savings certificates in a belt-tightening measure that stokes concerns about erosion of earnings of elderly retirees dependent on the gains.

Ministry of Finance data show domestic public debt hovered around Tk 11.57 trillion back on March 31, 2025 in a 36.5-percent increase since June 30, 2022.

Internal Resources Division (IRD) of the MoF, in a notification dated Tuesday, cut down the maximum returns from the government instrument to 10.59 per cent and the minimum t...