New York May 22 2022: Yields of Pakistan bonds and Sukuks floating in the international market rise sharply during the start of March 2022 on uncertainty of IMF program due to change in political regime, according to data available at Reuters.
Yields of both Pakistan International Sukuk and Pakistan International Bond having maturity of 5th December 2022 and 15th April 2024 are above 25%. The former trading at Yield to maturity (YTM) of 26.3% and the later at YTM of 25.2%.
Pakistan Government International Bonds with maturity of 30th September 2025, 8th April 2026 and 5th December 2027 are trading at 21.2%, 17.8% and 15.9%.
Federal Minister for Finance and Revenue, Miftah Ismail said here on Friday that positive talks were underway with International Monetary Fund (IMF) and expressed the hope that there would be a turnaround in the economic situation very soon.
