General Economic Updates

[hydrabadi_arab]

According to Bloomberg, these were priced at yields of 7.75% for the 5.5 year bond and 8.25% for the 10 year. That is very expensive compared to what China, Saudis and IMF are charging.

This is first time Pakistan have secured 10 year bond, a sign of confidence.

IMF/Saudi/China rollovers tells foreign investors to stay away, this country cannot manage its finances. Forget about foreign investors, even locals stop all their investment.

 

[Owaiz]

This is first time Pakistan have secured 10 year bond, a sign of confidence.

IMF/Saudi/China rollovers tells foreign investors to stay away, this country cannot manage its finances. Forget about foreign investors, even locals stop all their investment.

I don't think anyone is going to rush in to invest in Pakistan just because the government borrowed dollars from the market at 8.25%.