Islamabad, Oct 16: Pakistani Bond Market Sees First Inflow in 5 Years Amid Stable Rupee and High Yields
Pakistani Bond Market A significant reversal from four years of $1.4 billion outflows was recorded by the State Bank of Pakistan on Monday, when it revealed net foreign inflows into treasury bills of $875 million in 2024.
International interest has been piqued by the country’s treasury bills, which currently provide yields between 16 and 17 percent.
According to a statement from a wealth manager in Karachi, “investors see Pakistan as having a stable currency and high rates that are attracting them to the country.”
It is noteworthy to remark that following the approval of a $7 billion IMF loan package, Pakistan’s foreign reserves also increased to their highest point in more than two years.
The nation’s dollar bonds have returned about 40 percent in 2024, but its benchmark stock exchange index has rocketed 73 percent in the last year, giving it the world’s highest performer, according to Bloomberg data.
