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ISLAMABAD: The divergence between different Pakistan bond maturities has been widening since news emerged last month of an International Monetary Fund (IMF) cash injection, showing investors remain unconvinced about the nation’s ability to pay long-term. ....
(Bloomberg) Pakistan’s key stock gauge surged by the most in over three years on Monday after the nation clinched an initial $3 billion loan deal from the International Monetary Fund, easing default fears.Most Read from BloombergIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnFrench Riots Begin to Abate Even as Economic Costs MountTesla, BYD Post Record Sales on Demand for Electric VehiclesSingapore’s Star Banker Creates a Succession Dilemma for DBSThe nation’s key benchmark KS ....