Islamabad March 20 2024: Pakistan’s dollar bonds gained after the nation clinched initial approval from the International Monetary Fund for a $1.1b payout.
The 2025 bond edged up as much as 0.2 cents to 92.5 cents on the dollar, the highest since March 2022, according to indicative pricing compiled by Bloomberg. Bonds maturing 2027 and 2051 also gained.
