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Tag Archives: Pakistan Investment Bonds (PIBs)

Interest payment on domestic debt crosses Rs1 trillion; yield on PIBs cut by 30pc

KARACHI: The amount of interest payment by the government on domestic debt has crossed Rs1 trillion during Fiscal Year 14. During the second half of last fiscal year, the government re-profiled its domestic debt towards longer term maturity and borrowed more through the auction of Pakistan Investment Bonds (PIBs) compared to Market Treasury Bills (MTBs). The State Bank of Pakistan ... Read More »

Domestic debt composition major culprit behind public debt increase: Finance Ministry

ISLAMABAD: The Finance Ministry has termed composition of domestic debt as main reason for the increase in public debt, Customs Today reliably learnt on Tuesday.  “Banks changed their interest rate outlook and sharply increased their participation in Pakistan Investment Bonds (PIBs) last year which resulted in a sharp increase in the public debt and,” a well-placed official source at Finance ... Read More »

Banks’ interest in Investment Bonds to improve maturity of debt  

ISLAMABAD: Active interest of banks in long-term Pakistan Investment Bonds (PIBs) will improve the maturity profile of the domestic debt significantly in remaining quarter of the fiscal year. An official source at Ministry of Finance and Revenue told this scribe here on Saturday that public debt had increased by Rs 277.9 billion in the third quarter with the significant additions ... Read More »

Trade in govt debt securities launched: Dar stresses investment-led growth

KARACHI: Federal Finance Minister Ishaq Dar has declared that the government has initiated first step towards developing a thriving and deep debt market which plays a pivotal role in sourcing long-term finance for both the public and private sectors. Addressing the launch of secondary market trading of government debt securities through Karachi Stock Exchange’s Bond Automated Trading System (BATS), Dar ... Read More »