Investor confidence soars: Pakistan Euro bonds rally

17:39
July 7, 2023
MG

July 07, 2023 (MLN): Pakistan Euro Bonds worth $1 billion, maturing in April 2024, have appreciated by 55% since June 23 to 79.06 cents amid investors’ confidence gearing up following the IMF agreement.

This appreciation is attributed to the long-standing Staff Level Agreement (SLA) worth $3 billion finally being signed on June 29 between the International Monetary Fund (IMF) and Pakistan.

The IMF financing arrangement allows Pakistan breathing room and lowered the risk of a payment halt.

As a result, investors' confidence in Pakistani Euro bonds was restored.

Eurobonds worth $500 million, maturing in September 2025, rose 55% since June 23 to 61.03 cents.

Moreover, Eurobonds maturing in April 2026 improved by 40% since June 23 to 53 cents.

Copyright Mettis Link News

Posted on: 2023-07-07T17:33:10+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.35000	278.55000	278.55000	278.35000	03:02 PM
2	EUR	1.06955	1.06960	1.06960	1.06955	09:20 AM
3	GBP	1.25075	1.25079	1.25079	1.25078	09:20 AM
4	CHF	0.91300	0.91306	0.91302	0.91300	09:20 AM
5	JPY	154.69600	154.71100	154.71000	154.69600	09:20 AM
6	CAD	1.37153	1.37157	1.37157	1.37153	09:20 AM
7	AUD	0.65298	0.65304	0.65304	0.65303	09:20 AM
8	INR	83.47640	83.47690	83.47690	83.47640	09:20 AM
9	SAR	3.75050	3.75070	3.75070	3.75050	06:20 PM
10	AED	3.67240	3.67350	3.67350	3.67240	06:18 PM
11	HKD	7.81678	7.81703	7.81700	7.81690	09:20 AM
12	CNH	7.23186	7.23200	7.23194	7.23186	09:20 AM
13	CNY	7.24010	7.24210	7.24210	7.24010	08:21 PM
14	THB	36.95800	36.98800	36.98800	36.95800	09:20 AM
15	MYR	4.75200	4.75700	4.75700	4.75200	05:27 AM
16	IDR	16,167.00000	16,174.70000	16,174.70000	16,167.00000	09:20 AM
17	SGD	1.35888	1.35907	1.35905	1.35888	09:20 AM
18	NZD	0.59303	0.59307	0.59307	0.59303	09:20 AM
19	MXN	16.93300	16.93800	16.93795	16.93305	09:20 AM
20	TRY	32.35610	32.36610	32.36610	32.35610	09:20 AM
21	SEK	10.91080	10.91260	10.91264	10.91077	09:20 AM
22	ZAR	18.64330	18.64850	18.64850	18.64330	09:20 AM
23	NOK	11.06680	11.06900	11.06904	11.06683	09:20 AM
24	DKK	6.97318	6.97373	6.97373	6.97318	09:20 AM
25	ARS	878.25300	878.26300	878.26320	878.25320	09:20 AM
26	BDT	108.10500	111.46900	111.46882	108.10457	07:19 AM
27	BHD	0.37703	0.37713	0.37713	0.37703	06:20 PM
28	BRL	5.12260	5.12560	5.12560	5.12260	09:20 AM
29	KRW	1,374.88000	1,375.32000	1,375.32000	1,374.88000	09:20 AM
30	KWD	0.30758	0.30812	0.30812	0.30758	06:20 PM
31	LKR	293.91800	300.45900	300.45931	293.91783	07:19 AM
32	OMR	0.38495	0.38502	0.38502	0.38495	06:20 PM
33	QAR	3.64600	3.64800	3.64800	3.64600	06:19 PM
34	RUB	93.26000	93.76000	93.76000	93.26000	08:00 PM
35	AFN	71.56510	73.43410	73.43411	71.56508	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	05:26 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	14.98000	15.00000	15.00000	14.98000	08:00 PM
39	UZS	12,602.90000	12,668.30000	12,668.27092	12,602.85494	07:19 AM
40	PHP	57.57400	57.61000	57.61000	57.57400	09:20 AM
42	NGN	1,368.82000	1,369.82000	1,369.82000	1,368.82000	07:39 AM
43	KES	134.00000	136.00000	136.00000	134.00000	06:48 AM
44	AMD	387.63000	387.63000	387.63000	387.63000	08:28 AM
45	TWD	32.46930	32.49930	32.49930	32.46930	09:20 AM
46	XAU	2,287.71000	2,288.07000	2,288.07000	2,287.71000	09:20 AM
47	XAG	26.06520	26.07480	26.07480	26.06520	09:20 AM
48	XPT	953.00000	954.50000	954.20000	953.00000	06:20 PM
49	XPD	930.20000	940.20000	939.10770	932.22240	06:20 PM
2,120	VES	36.38180	36.47310	36.47306	36.38182	08:00 PM
2,212	UGX	3,758.62000	3,842.72000	3,842.72130	3,758.61505	07:19 AM
2,213	TZS	2,590.99000	2,591.01000	2,591.01500	2,590.98500	08:00 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	71,292.83	70,657.641	70,562.12	-444.906	-0.626	225,619,410.0	11,798,164,426.590	02/05/2024 04:12 PM
ALLSHR	46,626.66	46,150.314	46,073.36	-403.924	-0.868	436,816,041.0	19,022,397,756.680	02/05/2024 04:12 PM
KSE30	23,455.24	23,234.081	23,212.77	-160.579	-0.686	79,055,719.0	8,678,222,377.000	02/05/2024 04:12 PM
KMI30	120,178.80	118,759.788	118,657.73	-685.009	-0.574	93,887,074.0	7,511,292,824.070	02/05/2024 04:12 PM
KMIALLSHR	33,407.15	33,049.283	33,014.12	-223.106	-0.671	264,217,816.0	14,805,572,322.210	02/05/2024 04:12 PM
BKTi	17,599.66	17,553.510	17,493.12	-85.775	-0.486	17,849,327.0	1,410,481,198.310	02/05/2024 04:12 PM
OGTi	16,944.38	16,761.298	16,680.86	-23.848	-0.142	17,193,523.0	2,461,028,371.020	02/05/2024 04:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	58,885.0	59,500.0	57,265.0	1,530.00
BRENT CRUDE	EB	83.6	84.4	83.5	0.18
RICHARDS BAY COAL MONTHLY	EF	101.9	0.0	0.0	-3.70
ROTTERDAM COAL MONTHLY	ET	107.8	107.8	106.0	0.65
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	79.1	79.9	78.9	0.05
SUGAR #11 WORLD	SB	19.3	19.5	19.2	0.03

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