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Articles for tag: bonds, highest, IMF, level, looms, Pakistan, rise, tranche, year

November 21, 2023

News Desk

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

November 17, 2023

News Desk

PSX to auction bonds, PIB from next month

KARACHI: The Pakistan Stock Exchange (PSX) is all set to facilitate the auction of Government Debt Securities (GDS) such as Treasury Bills and Pakistan Investment Bonds (PIBs) and allow the general public to invest in these products smoothly. Briefing the media about the planned launch of the GDS platform next month, PSX MD and CEO Farrukh H Khan on Thursday announced that the exchange and State Bank of Pakistan (SBP) will jointly launch the debt securities in the near future. future. So far, only the central bank conducts the auction of bills and PIBs. Recalling that the government had earlier

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