Foreign investors dump $162mln of debt assets in 8 months
Foreign investors dump $162mln of debt assets in 8 months Business February 7, 2021 KARACHI: Foreign investors offloaded around $162 million from government securities, as they preferred to keep exposure to Pakistan’s debt market lower amid soft interest rate and Covid-related uncertainty, analysts said on Saturday. Foreign investors continued to remain net sellers of the government papers, namely treasury bills and Pakistan Investment Bonds (PIBs) from July 01, 2020 to February 02, 2021, showed the State Bank of Pakistan’s (SBP) data. The breakdown showed they invested a total of $561....
Source: thenews.com.pk