Pakistan’s 2022-dollar bond drop by 11cents
MG News | September 23, 2022 at 04:24 PM GMT+05:00
September 23, 2022 (MLN): Pakistan Dollar Bonds due 2022 and 2031 slumped by 11 cents and 7 cents after Prime Minister Shahbaz Sharif said the South Asian nation needs debt relief, an article published on Bloomberg today.
Pakistan dollar bond of 5.625% in 2022 maturing in December falls by 11 cents to trade at 81.9cents on the dollar, and its 7.375% 2031-dollar bond falls by 7 cents to trade at 40.33 cents on the dollar.
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