Foreign investors take a pause from entering, exiting local debt market

MG News | June 01, 2020 at 08:14 PM GMT+05:00

0:00

June 1, 2020 (MLN): Pakistan did not witness any inflow nor outflow in the government short-term securities (T-bills) on May 28^th, 2020, this certainly was both the best and worst of times for the country.

According to the daily SCRA data released by SBP, the net outflow for the said day stood at $2.24 million as $2.4 billion of inflows against the outflows of $4.65 billion have been recorded in local equities.

So far this month, the disinvestment in Debt Securities particularly T-bills was to the tune of $182.7 million while inflows stood at $800 thousands.

Cumulatively from fiscal year to date, country witnessed an inflow of $3.64 billion from, out of which more than $3 billion has been withdrawn by foreigners from T-bills, indicating that only $580.98 million worth of investment left in government’s short-term debt instrument (T-bills).

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	162,102.92 254.63M	-0.51% -834.01
ALLSHR	98,424.06 767.06M	-0.39% -385.08
KSE30	49,178.66 92.71M	-0.54% -267.15
KMI30	231,230.31 69.98M	-0.64% -1485.54
KMIALLSHR	64,033.87 360.75M	-0.55% -353.80
BKTi	43,997.64 36.18M	0.12% 50.75
OGTi	32,027.34 12.90M	-0.69% -223.49

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	85,250.00	88,150.00 80,750.00	-1190.00 -1.38%
BRENT CRUDE	62.51	63.10 61.87	-0.87 -1.37%
RICHARDS BAY COAL MONTHLY	85.00	0.00 0.00	0.25 0.30%
ROTTERDAM COAL MONTHLY	96.25	0.00 0.00	0.15 0.16%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	57.98	58.80 57.38	-1.02 -1.73%
SUGAR #11 WORLD	14.77	14.83 14.56	0.11 0.75%