Global Investors View Shehbaz’s Appeal As Sign Of Imminent Default On Foreign Debt ...Middle East

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Global Investors View Shehbaz’s Appeal As Sign Of Imminent Default On Foreign Debt
Islamabad: The price of Pakistan’s US dollar-denominated global bonds, Eurobond and Sukuk, slumped while their yields skyrocketed at world markets after Prime Minister Shehbaz Sharif appealed for debt relief from rich nations to cope with the flood-hit economy. The global bond investors interpreted the prime minister’s appeal as an indicator that the country was going to […] The post Global Investors View Shehbaz’s Appeal As Sign Of Imminent Default On Foreign Debt appeared first on Ommcom News.

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