SINGAPORE: Pakistan’s dollar-denominated government bonds slipped by as much as 2 cents on Friday as election results in country slowly started to come in, with main political parties tied neck and neck in early results.

South Asian country is struggling to recover from an economic crisis while it grapples with rising militant violence in deeply polarised political environment. Disbursement of SBA tranche: Dollar bonds extend rally on IMF approval. Most of its sovereign dollar bonds slipped, with September 2025 bond dropping to 85 cents on dollar, according to Tradeweb data. Meanwhile, Pakistan’s benchmark share index fell 3.4 percent in early trading, according to stock exchange’s website.

Published in The Daily National Courier, February, 10 2024

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