Category Archives: Issued Debt

Diversifying Sources of External Debt – Editorials

EDITORIAL: Earlier this week, the government raised $ 1 billion on the international bond market in 5, 10 and 30 year Eurobonds at better rates than previous issues. In March 2021, when the government turned to the international capital market to issue debt after a lull, it raised $ 2.5 billion on those three bond […]

Bond ETFs step up amid growth concerns

Exchange-traded bond funds strengthened on Thursday as stock markets pulled back amid concerns about the economic recovery and the delta variant of Covid-19 gaining traction. “The markets are having a bad morning, but that’s normal and even healthy given the recent strong advance,” Brad McMillan, chief investment officer at Commonwealth Financial Network, told Reuters. “It […]

US Treasury Auctions to Provide ‘Gut Check’ on Demand as Yields Fall

CHICAGO (Reuters). FILE PHOTO: The United States Department of the Treasury is seen in Washington, DC, US August 30, 2020. REUTERS / Andrew Kelly After a two-week drought in coupon supply, $ 38 billion in 10-year bonds will be offered on Monday, followed by $ 24 billion in 30-year bonds on Tuesday. The auction comes […]

Circular debt has increased by 260 billion rupees this year, according to panel

ISLAMABAD: The electricity division informed a Senate panel on Thursday that the circular debt had increased by 260 billion rupees this year and that K-Electric was in default by 61 billion rupees. A meeting of the Standing Senate Power Committee was chaired by its chairman, Senator Saifullah Abro. Senator Talha Mahmood, a member of the […]