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Pakistan raises $2.5 bln by selling long-term bonds

10 months, 18 days ago
KARACHI: Pakistan on Wednesday raised $2.5 billion from global capital markets after the government issued the five-year Sukuk (Islamic bond) and the 10-year Eurobond at relatively lower rates. It was the first venture into foreign…

‘Trump Thump’ whacks bond market for $1 trillion loss

1 year, 11 months ago
NEW YORK: Donald Trump's stunning victory for the White House may mark the long-awaited end to the more than 30-year-old bull run in bonds, as bets on faster US growth and inflation lead investors to favour stocks over bonds. A two-day…