Pakistan’s dollar bonds expected to rally in 2024: report

Investors foresee a second consecutive year of rally for Pakistan’s dollar bonds as the government is expected to secure another bailout from the International Monetary Fund (IMF), Bloomberg reported on Wednesday. 

The bonds, which almost doubled in value last year, are still attractive to investors who see Pakistan as a high-yield emerging market with a stable currency and improving…

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News Source: profit.pakistantoday.com.pk