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Saturday, May 18, 2024  
09 Dhul-Qadah 1445  

Pakistan's sovereign dollar bonds hit as investors fear regional fallout

Pakistan bonds were the worst performers among emerging-market peers Monday, according to a...

Pakistan's sovereign dollar bonds fell as much as 1 cent on Monday as investors feared the regional fallout from the Taliban seizing control of Afghanistan.

Pakistan bonds were the worst performers among emerging-market peers Monday, according to a Bloomberg Barclays index.

Pakistan dollar-denominated bonds due in 2031 fell 1.6% in New York to trade at 100.8,

Pakistan sovereign dollar bonds heading for their biggest daily drop since they were issued in April.

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