Pakistan News

    Pakistan Prize Bond Prime Photo State 2015

  • Prize bond dealer robbed of Rs2.76m

    RAWALPINDI: A prize bond dealer was robbed of bonds valuing Rs2...

    Waqar Ahmed, who is associated with a trading company in Raja Bazaar, was going to office after purchasing 186 prize bonds worth Rs15,000 each from the State Bank of Pakistan on The Mall...

  • In 2015, anti-state violence in Pakistan fell below 2008 levels: HRCP report

    The Human Rights Commission of Pakistan in its 'State of Human Rights in 2015 report' found that anti-state violence in Pakistan over the past year fell below 2008 levels, while there was a 40 per cent decrease in violence-related deaths in 2015...

    The report examines Pakistan's performance in various areas, including violence, human rights, rights of women and children, education, health and housing, among others...

  • Pakistan’s bond story

    Articles in the international media and statements from major league investors have spoken of Pakistan’s economic turnaround in glowing terms, and credit rating agencies have acknowledged an improvement in the economic situation...

    Now a moment of truth approaches as the government mounts a road show to drum up investor support for a bond floatation scheduled for later this year...

  • Pakistan issues $500 million Euro bond

    KARACHI: Pakistan has issued a new 10-year bond of $500 million in the international Euro bond market, the finance ministry said Friday, at a coupon rate of 8...

    A finance ministry team comprising Finance Secretary Waqar Masood Khan and Governor State Bank of Pakistan Ashraf Wathra held road shows to launch the bond in London, Los Angeles, Boston and New York...

  • TV, film bans in India, Pakistan won't affect our cultural bond

    Friday nights, the oldest and youngest members of my household sit and watch one of their favourite TV shows together...

    It is the weekend and my eight-year-old gets to stay up late with her grandmother; an age difference of sixty years bridged over an hour of CID, the Indian rendition of a crime show
  • Webb posts 11 luxury watches, three cars to secure $10m bond

    The indicted football official is providing 11 luxury watches to secure the $10 million bond that provided his release from custody along with his wife’s wedding ring, three opulent cars and 10 properties...

    According to an order filed Monday setting the conditions for release, Webb secured the bond with a five Rolex watches plus a Cartier Roadster, Hublot, Breitling, Panerai, Royal Oak Offshore and Luminor Marina...

  • Abu Dhabi sells first 30-year bond

    DUBAI: Abu Dhabi sold its first ever 30-year sovereign bond on Tuesday as part of a $10 billion triple-tranche debt issue that drew heavy demand...

    5bn bond issue by Saudi Arabia last week the largest emerging market bond sale in 2017 — and was the latest jumbo sovereign offering from Gulf states tapping the debt markets in a period of low oil prices...

  • Moody’s upgrades Pak bond ratings

    WASHINGTON: Moody’s Investors Service on Thursday upgraded Pakistan’s foreign currency issuer and senior unsecured bond ratings to B3 from Caa1, and assigned a stable outlook...

    In Thursday’s rating action, Moody’s also changed Pakistan’s foreign-currency bond ceiling to B2 from B3, the foreign-currency deposit ceiling to Caa1 from Caa2, and the local-currency country risk ceiling to Ba3 from B1...

  • Court upholds ECB’s bond buying plan

    The court disagreed, saying the bond-purchase offer “falls within monetary policy and within the powers” of the European system of central banks with the ECB at its head...

    The bond purchase offer was part of ECB head Mario Draghi’s 2012 promise to do “whatever it takes” to save the euro...

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