Foreign investment in T-bills crosses $500 million for the first time in single session

MG News | January 17, 2020 at 04:05 PM GMT+05:00

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January 17, 2020 (MLN): Foreign investment in Treasury Bills has crossed $500 million mark for the first time in a single session on January 16, with the overall investment ultimately settling at $536 million.

According to the data compiled by the State bank of Pakistan, foreign inflows of $457 million came from United Kingdom and $80 million from the United States.

On the contrary, inflows in government bonds from July 1, 2019 to January 16, 2020 amounted to $2.233 billion. Within the same time period, the inflows from US stood at around $1.381 billion and from UK at $815 million.

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