T-Bills attract another $20.6m foreign capital in April 2024

News Image

By MG News | April 25, 2024 at 01:19 PM GMT+05:00

0:00

April 25, 2024 (MLN): Pakistan has attracted $20.6 million net flow from foreign investors into T-Bills through Special Convertible Rupee Accounts (SCRA) in the current month to date, the latest data by the State Bank of Pakistan (SBP) showed.

Last month, the country attracted $89.2m net flows into T-Bills, as the country continues to witness a surge in confidence amid stable exchange rate.

According to the central bank’s data, in the current fiscal year to date, the debt-ridden nation has seen a net flow of $152m in T-Bills through SCRA.

To note, these bonds offer attractive returns of 21.66% for three-month T-bills, 21.39% for six months, and 20.90% for 12-month papers, which are paid in Pakistan rupees (PKR).

SCRA allows foreign persons, institutions, and non-resident Pakistanis to invest into various instruments such as equities, government bonds, and TFCs.

Under this scheme, the funds are converted into Pakistani rupees and credited to the depositor's "Special Convertible Rupee" account.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 122,579.63
147.86M
0.27%
332.99
ALLSHR 76,504.19
533.25M
0.37%
280.29
KSE30 37,336.13
59.04M
0.14%
52.27
KMI30 182,152.49
86.70M
0.16%
298.77
KMIALLSHR 52,630.72
260.69M
0.33%
174.35
BKTi 31,116.46
16.18M
0.40%
124.00
OGTi 27,522.93
8.29M
-0.25%
-70.10
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 106,555.00 106,945.00
105,955.00
810.00
0.77%
BRENT CRUDE 68.17 68.47
67.81
1.03
1.53%
RICHARDS BAY COAL MONTHLY 88.00 0.00
0.00
-3.85
-4.19%
ROTTERDAM COAL MONTHLY 103.45 0.00
0.00
-0.05
-0.05%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 65.33 65.65
65.00
0.96
1.49%
SUGAR #11 WORLD 16.40 16.44
16.31
0.04
0.24%

Chart of the Day


Latest News
June 25, 2025 at 01:50 PM GMT+05:00

Cements companies get stay for 2 week from supreme court


June 25, 2025 at 01:31 PM GMT+05:00

Pakistan, UAE sign MoUs to boost strategic ties


June 25, 2025 at 12:50 PM GMT+05:00

TRG on Thin Ice


June 25, 2025 at 12:45 PM GMT+05:00

Oil edges up as market weighs Iran-Israel truce stability



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg