Pakistan bond yields attract $500 million in four months
International investors poured over $500 million into Pakistan Investment Bonds during the first four months of the fiscal year, driven by some of the highest yields in the region.
Foreign investment in Pakistani bonds reached $509.2 million between July and October of the current fiscal year.
The United Arab Emirates emerged as the largest investor, contributing $395.7 million toward PIBs.
October alone saw $251 million in inflows as the State Bank of Pakistan raised the policy rate to 12 per cent.
Total inflows across bonds and equities reached $872 million, supported by a stable exchange rate and IMF programme.