Foreigners inject another $10 million in T-bills

August 12, 2020 (MLN): Another fresh inflow of $10 million has been recorded in government backed short-term debt instrument (T-bills) in a single session yesterday, bringing the net inflow for the day at $10.5 million.

According to the data compiled by the State bank of Pakistan, these fresh influxes came from United Kingdom.

By virtue of these inflows, the net foreign investment in government securities during the ongoing month has now settled at $19.55 million.

Cumulatively from July’20 to date, the country witnessed an inflow of $49.8 million in government denominated securities, compared to the outflow of $76.7 million, depicting a net outflow of $26.9 million.

Further the data revealed that the total inflow of foreign currency during the period stood at $102.6 million, out of which, $52.8 million was attributed to Equity, $39.6 million was attributed to T-bills while $10.5 was for PIBs.

On the other hand, the total outflow from July 2020 to date amounted to $213.8 million, wherein the equity accounted for $137.16 million and T-bills accounted for $76.72 million.

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