LNG at $25/MMBtu triggers fuel switching, stifles spot market activity in Asia | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Earlier this month, the government raised additional debt of $1bn through a tap issue of the Eurobond it had floated back in March. AFP/File
Pakistan has raised $3.5 billion through an issue of dollar-denominated Eurobonds in two instalments in March and early July to build its foreign exchange reserves and meet its external financing requirements.
Some analysts argue that the yields on the offerings are on the higher side given the much lower US treasury rates for the papers of the same tenors and the government should have waited for some more time, at least in floating 10 and 30-year notes.
July 17, 2021
KARACHI: Weekly sensitive price indicator (SPI) for the combined income group increased 0.41 percent week-on-week, and went up 12.75 percent year-on-year during the 7-day period ended July 15, 2021, data showed on Friday.
Inflation report released by the Pakistan Bureau of Statistics (PBS) said the increase was mainly on account of higher food and LPG prices.
Price of LPG cylinder climbed by Rs102.67 to Rs1,796.94 during the week under review, from Rs1,694.27 during the previous week, and Rs1,291.03 during the same period in 2020.
The SPI for the week under review in the above mentioned group was recorded at 150.65 points against 150.03 points registered in the previous week.
Pakistan receives $1 billion against Euro bonds dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.