Pakistan Sovereign Bonds, Dollar Bonds Poised for Continued Rally on Reform Optimism
Sovereign Debt Gains Momentum Following Credit Rating Upgrades Pakistan’s dollar-denominated bonds are projected to maintain their position as Asia’s top-performing sovereign debt, fueled by recent credit-rating improvements and plans to re-enter international capital markets. Bloomberg reports the nation’s dollar bonds have delivered an impressive 24.5% return this year, outpacing regional peers. This resurgence comes just […]