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Dollar bonds fall

2025-04-29
LONDON: Pakistan`s sovereign dollar bonds slid more than 3 cents on Monday, Tradeweb data showed, as the country`s defence minister said military incursion by India was `imminent.

The 2031 maturity fell the most, shedding 3.5 cents to be bid at 78.75 cents on the dollar.

Tensions between the nuclear-armed neighbours has been ratcheting higher since a deadly attack last week on tourists in Indianoccupied Kashmir, which triggered outrage in Hindu-majority India.

-Reuters