Pakistani Eurobond Prices appreciate after elections
MG News | July 28, 2018 at 02:25 PM GMT+05:00
Price of Pakistani bonds sold in international capital market appreciated after elections were conducted successfully and on time in the Country, lowering the political risk.
With the PTI getting clear majority, interest of foreign investors has increased. Eurobonds gained almost one to two percent in single session.
According to experts, the new government should look at the option of selling Eurobonds, as it would increase foreign exchange reserves.
Analysts believe the Government could easily raise 2 billion dollars through selling of bonds.
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