Treasury bills attract record foreign investment of $713m

[Battle of Waterloo]

Anyways having e trade account and playing stocks doesn’t make you a specialist in foreign funds trading.

When T bills go on sale the rate is set based on interbank interest rate, inflation rate , demand in the market etc.

Pakistan could sell these T bills to local investors and get rupees for the same interest rate or sell to foreigners and get dollars deposits that we badly need and still Pay them what we are paying local investors .
Now the government could go to the banks and borrow from them but it just happened so that the banks will want something close as well.

Playing with stocks is a fools game.

What does interbank exchange rate have to do with yields of government debt for international investors??

Most nationals don't buy bonds they only know savings accounts, and I doubt many Pakistanis have that kind of spare income waiting to invest, so you're not going to raise $700m unless you allow international investors to buy your debt.

 

[Flight of falcon]

Playing with stocks is a fools game.

What does interbank exchange rate have to do with yields of government debt for international investors??

Most nationals don't buy bonds they only know savings accounts, and I doubt many Pakistanis have that kind of spare income waiting to invest, so you're not going to raise $700m unless you allow international investors to buy your debt.

Oh brother I suppose you are an undergrad economics student. Don’t know what to do with your comments . $700 million not available in local market from local investors??? You must be joking right.

 

[Battle of Waterloo]

Oh brother I suppose you are an undergrad economics student. Don’t know what to do with your comments . $700 million not available in local market from local investors??? You must be joking right.

Undergrad, that's cute!

Nope. What is average Pakistani household debt/assets?

 

[Kabotar]

Pakistan's bond market is Rs. 9 trillion a year mostly owned by local banks.

Playing with stocks is a fools game.

What does interbank exchange rate have to do with yields of government debt for international investors??

Most nationals don't buy bonds they only know savings accounts, and I doubt many Pakistanis have that kind of spare income waiting to invest, so you're not going to raise $700m unless you allow international investors to buy your debt.

 

[Shahzaz ud din]

Playing with stocks is a fools game.

What does interbank exchange rate have to do with yields of government debt for international investors??

Most nationals don't buy bonds they only know savings accounts, and I doubt many Pakistanis have that kind of spare income waiting to invest, so you're not going to raise $700m unless you allow international investors to buy your debt.

Oh bhai why are you making so hue and cry.Instead of borrowing from other agencies it is better to offer high returns to the foreign investors.Pakistani has $50-$60 billions debt market. Pak is looking for $1-$2 billions as hot money for upcoming debt payments and to consolidate Forex reserves.After IMF program Egypt bond market offered 21% yield hence were able to attract $9 billions.

 

[Ali Tariq]

Oh bhai why are you making so hue and cry

Because he's an endian, simple.

 

[Battle of Waterloo]

Because he's an endian, simple.

LOL

I educate you guys about bonds and I get called Indian for my efforts.