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Pakistan's bonds slump on report UN development programme to recommend debt restructuring

Channel News Asia LogoChannel News Asia2 mo ago

Pakistan's bonds slump on report UN development programme to recommend debt restructuring - Channel News Asia

Quick Summary:

LONDON: Pakistan's bonds slumped on Friday (Sep 23), leaving many at half of their face value after a Financial Times report that the United Nations Development Programme was set to publish a memo urging the country to restructure its debt.

Another due in 2027 fell to around 45 cents.Pressed for time?

Long-term worries about Pakistan's finances have been compounded over the last month by devastating Monsoon floods.


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Pakistan's bonds slump on report UN development programme to recommend debt restructuring - Channel News Asia (Picture 1)

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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23 @ 17:30:00 (2 months ago)

News Timezone: GMT +8:00

Ranking: #435 (out of 2319 stories this day)

News Source URL: channelnewsasia.com

Language: English

Article Length: 203 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 490896

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About Channel News Asia

Channel News Asia Logo

Main Topics: Economy

Official Website: channelnewsasia.com

Update Frequency: 67 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 20 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

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The story "Pakistan's bonds slump on report UN development programme to recommend debt restructuring" was covered 2 months ago by Channel News Asia, a news publisher based in Singapore.

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It's most recent story was published 20 minutes ago.

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  • News ID: #490896
  • URL: https://beamstart.com/news/pakistans-bonds-slump-on-report-16639289099676

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