As we say While the going is good, another sign of increasing - TopicsExpress



          

As we say While the going is good, another sign of increasing foreigners confidence in Pakistans economy with 5x over subscription of 5-Year Islamic government bonds worth USD 1 bn at a profit rate of 6.75% (50bps lower than Eurobonds issued earlier this year). Proceeds from the bonds would be used for retiring domestic debt and with lower pressure on the currency due to lower oil price, should save USD 50mn annually for the country.
Posted on: Thu, 27 Nov 2014 06:21:40 +0000

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