This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Pakistan’s dollar bonds fell by up to 3 points after its election results were delayed amid a shutdown in mobile networks. The country had earlier suspended mobile services ahead of the election in an effort to maintain order due to militant incidents. Last week S&P said that it saw Pakistan being on a path to securing a possible upgrade to B, depending on whether the elections would bring about a government that can push for tough reforms.
Pakistan’s 6.875% 2027s fell by 3 points to 72.5 cents on the dollar, yielding 16.98%.
For more details, click here