PIBs Attract Net Inflow of $256m in 12MFY21
In contrast to Treasury bills (T-bills) and equities, foreign investment in Pakistan Investment Bonds (PIBs) increased by $256 million cumulatively during the preceding fiscal year.
According to a local media report based on the most recent statistics released by the State Bank of Pakistan (SBP) on Wednesday, equity and Treasury bill inflows were fewer than outflows, resulting in negative figures for both divisions.
Read More: KP CM Inaugurates Multiple Uplift Projects in Chitral
The domestic long-term bonds Foreign investors remained attracted to PIBs because their returns were substantially greater than those of international government bonds. In an auction held on June 9, 10-year PIBs gave a return of 9.84%.
During FY21, PIB inflows totaled $277.4 million, while outflows reached $21.5 million. The total cumulative inflow was $256 million.
Read More: LDA-imposed Laws to Prevent Illegal Land Conversions: Dg Tarar
In FY21, the greatest inflows into PIBs came from the United States, which totaled $118.5 million. The inflows from Luxembourg were the second biggest at $115,3 million, while the country also had an outflow of $11.7 million.
During FY21, total net inflows of PIBs, T-bills, and stocks were $1,647m compared to outflows of $2,013m. In FY21, a net outflow of $366,6 million was seen.
For more information, please get in touch with Al Sadat Marketing.
You can also invest in other famous and most in demand housing societies, such as , Blue World City, Rudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom Valley, New Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.
Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/
Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart City, Silver City Islamabad, The Life Residencia, Faisal Town Islamabad, Islamabad Golf City, Islamabad Model Town and Marble Arch Enclave.
Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.
Book Your Plot Now: +92 331 111 0005