UAE leads $81.2m foreign T-bill buying in Pakistan in October

UAE investors supplied nearly $50 million as net buying of short-term government bills reached its strongest month since January, State Bank data show.

Foreign investors put a net $81.2 million into Pakistani T-bills in the first 23 days of October, the strongest monthly inflow since January.

The UAE supplied $49.7 million, the UK $17.8 million and Bahrain $13 million; UAE and Bahrain together made up about 77% of the month’s T-bill inflows.

Across FY27, net T-bill investment stood at $63.9 million after $17.3 million in net withdrawals from July to September.

Foreigners also added $210.3 million to Pakistan Investment Bonds, lifting total net inflows into government debt securities to about $274 million.

The inflows followed a 50-basis-point rise in the State Bank’s benchmark rate to 12%, with October inflation at 9.6%.

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Zaviya News