Markets

Pakistan dollar bonds jump ahead of key IMF meeting

Published January 11, 2024 Updated January 11, 2024 09:57pm
By

LONDON: Pakistan’s sovereign international dollar bonds rose on Thursday ahead of a meeting of the the International Monetary Fund (IMF) executive board on the first review on the country’s $3 billion programme.

Pakistan’s bond rally may extend into 2024 contingent on another IMF bailout: report

The bonds rose by up to 1.77 cents by 0857 GMT, with the 2026 bonds rising the most to 70.79 cents on the dollar, according to Tradeweb data.