New York August 10 2022: Yields of Pakistan bonds and Sukuks floating in the international market drops up to 2,950 basis point as country inching towards securing IMF deal.
Yields of both Pakistan International Sukuk and Pakistan International Bond having maturity of 5th December 2022 and 15th April 2024 drops more than 1,800 basis points. The former trading at Yield to maturity (YTM) of 21.8% against peak of 51.3% and the later at YTM of 32.5% against peak of 50.6%.
Pakistan Government International Bonds with maturity of 30th September 2025, 8th April 2026 and 5th December 2027 are trading at 24.6%, 21.1% and 18.7% against peak of 35.6%, 29.7% and 24.3%
