Wednesday, January 14, 2009

Insurance premium on 5-year Pak Bonds stays at 30.84 pc

Insurance premium on 5-year Pak Bonds stays at 30.84 pc: "KARACHI: The insurance premium on five-year Pakistan Bonds in the international markets continued to remain at 30.84 percent.

According to credit market analysis, Pakistan Bonds’ credit default swap on October 27, 2008 had surpassed 50 percent, but after the loan received from the international financial agencies and the macro economic indicators showing some improvement,"