Foreign inflows in T-bills reach $2.4 billion

MG News | January 22, 2020 at 05:31 PM GMT+05:00

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January 22, 2020 (MLN): The total Foreign Investment in Treasury bills (T-Bills) during July 1, 2019 till January 21, 2020 recorded at USD 2.448 billion, this led the overall Foreign Investment to arrive at $3 billion, revealed State Bank of Pakistan (SBP)’s latest data.

During the period mentioned above, inflows of $1.57 billion in T-bills came from United Kingdom (UK) and $805 million from the United States (USA).

In the month from January 1, 2020 to January 21, 2020, foreign investors invested $980 million in T-bills, in which $830 million came from UK and $142 million from USA.

Similarly, in the single session on January 21, 2020, foreigners invested $102 million in T-bills in which $95.86 million came from UK and $6.2 million from Ireland.

Meanwhile, inflows in PIBs from July 1, 2019 to January 21, 2020 amounted to $30.8 million. Within the same time period, the inflows from USA stood at around $10.29 million and from UK at $20.5 million.

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