Pakistan bonds rise to highest level in over a year as IMF tranche looms
Bonds doubled from late May on hopes that February’s polls would provide political stability and economic certainty An employee counts Pakistani rupee notes at a bank in Peshawar, Pakistan, August 22, 2023. — Reuters Bonds rise on reports of political stability after polls. In 2036 the dollar bond earns 2.4 cents. The 2025 expiration is at its strongest level since May 22. KARACHI: Pakistan’s bonds rose to a 15-month high on hopes of more international financial support after the country secured its International Monetary Fund (IMF) tranche, The news reported on Tuesday. Optimism about the country’s economy after the tranche


