Ongoing month witnesses net inflow of $4.45 million in T-bills

August 10, 2020 (MLN): The Second month of the ongoing fiscal year (FY21) has so far witnessed net inflow of $4.453 million in short-term government securities particularly T-bills.

According to the data released by SBP, from August 2020 to date, foreigners have invested $16.98 million in domestic T-bills against the outflow of $12.58 million. Government’s long-term debt instruments i.e. PIBs have attracted $5 million, bringing the total net inflow in local debt market to cock in at $9.54 million so far.

As per the latest available daily position of SCRA, the last session of the previous week i.e. Friday, observed net inflow of $5 million in T-bills from UAE, against the outflow of $10 million, bringing the net outflow for the day to stand at $5 million.

Cumulatively from July’20 to date, Foreign investors have taken out $76.72 million from short-term debt instrument (T-bills), against the inflow of $29.66 million, taking the net outflow to settle at $47 million.

With regards to equity, Pakistan Stock Exchange has also observed hefty outflow of $133 million against the inflow of $48.2 million from July’20 to date. This has brought the net outflow to settle at $84.94 million.

Overall, so far, the country observed a cumulative outflow of $121.85 million in domestic securities.

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