PIBs channelise foreign investment of $245.6mn in ten months


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KARACHI: As per the data released by the State Bank of Pakistan (SBP), Pakistan Investment Bonds (PIBs) channelised foreign investment of $245.6mn in the July-April period of FY 2020-2021.

According to the central bank, $21.5mn was offloaded by the foreign investors during the same period, the offloading recorded the total investment at $224.1mn.

On monthly basis, PIBs attracted $4.19mn in foreign investment during April 2021; whereas, the outflows stood at $5.3mn.

During the July-April period of FY 20-21, the investor from the USA invested $133.65mn in government securities; on the other hand, foreign investors from UAE invested $88.95mn.

 

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