Pakistan Euro bonds rally on IMF agreement
MG News | June 30, 2023 at 03:23 PM GMT+05:00
June 30, 2023 (MLN): Pakistan Euro Bonds worth $1 billion, maturing in April 2024, have appreciated by 16 cents to 71 cents amid agreement being reached with IMF.
Moreover, Eurobonds worth $500 million, maturing in September 2023, rose 13 cents to 55 cents.
According to Topline securities, Pakistani bonds since October 2022 have gained 70% to 80%.
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