Foreign inflows in T-bills surpass $2.9 billion

January 31, 2020 (MLN): The total Foreign Investment in Treasury bills (T-Bills) during July 1, 2019, till January 30, 2020, reached $2.909 billion, revealed State Bank of Pakistan (SBP)’s latest data released today.

As per the data, foreign inflows of $2 billion came from the United Kingdom, $840.2 million from the United States, while the rest of the investment came from UAE.

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 30, 2020, foreign investors invested $1.44 billion in T-bills, in which $1.25 billion came from the UK and $177.2 million from the USA.

Similarly, in the single session on January 30, 2020, foreigners invested $220 million in T-bills. $211.4 million came from the UK and $9 million from the USA.

Meanwhile, inflows in PIBs from July 1, 2019, to January 30, 2020, amounted to $35.8 million. Within the same time period, the inflows from the USA stood at around $10.29 million and from the UK at $25.5 million.

On the other hand, Foreign Investments in Pakistan’s Equities have seen a net outflow of $8.87 million so far this month. Cumulatively, foreign outflows of $36 million have been recorded in domestic equities so far from July 2019.

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