Foreign investment in T-Bills surpasses $3 billion from July to date

February 7, 2020 (MLN): The Total Foreign Investment in Treasury bills (T-Bills) during July 1, 2019, till February 06, 2020, reached $3 billion, revealed State Bank of Pakistan (SBP)’s latest data released today.

As per the data, foreign inflows in government securities which include T-Bills and PIBs were recorded at $2.11 billion came from the United Kingdom, $853 million from the United States during the aforementioned period.

The highest foreign inflows in T-bills came from the United Kingdom, standing at $2.08 billion whereas $842.7 million investment was observed from the United States.

Moreover, the foreign inflows in T-bills from Luxembourg pegged at $44 million followed by UAE, Ireland, Bahrain and Cayman Island.

In the month from February 1, 2020, to date, foreigners invested $96.19 billion in T-bills, in which $86.28 million came from the UK and $9.9 million from Luxembourg.

Similarly, in the single session on February 06, 2020, total investment in T-bills was registered at $5 million which all came from the UK.

On the other hand, Foreign Investments in Pakistan’s Equities have seen a net outflow of $8.53 million so far this month. Cumulatively, foreign outflows of $43 million have been recorded in domestic equities so far from July 2019 to date.

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