Pakistan should issue USD bond as yields fall

06 Aug 2013

Pakistan sovereign bond yields have fallen as much as 300bp following the general election in May and analysts argue that the government would do well to come back to the international debt market.

Pakistan dollar bonds have rallied by more than 10% over the past four months as investor confidence in the country improves following the general election, and analysts argue that now is a good time for the sovereign to consider coming back to the international market.

The new government, ...

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