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Bond Market News
Pakistan’s Dollar Bonds Drop by 3-4 Points on Rising Tensions
April 29, 2025
Pakistan’s dollar bonds fell sharply across the curve after escalations rose with India, following the recent terrorist attacks on tourists in Kashmir. India has released a set of measures including the abeyance of the Indus Waters Treaty, suspension of visas and the sending back of diplomats. Pakistan has paused all bilateral agreements and suspended all trade with India, including to and from any third country and closed its airspace to all Indian-owned and Indian-operated airlines.
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