February 25, 2024

CDS for Pakistan falls to 71%

KARACHI: According to statistics supplied by a brokerage business, Pakistan’s  benchmark five-year CDS fell a staggering 5,224 basis points to 71.64% on November 22. Arif Habib Limited computed these numbers (AHL). Over the course of the weekend, the cost of covering exposure to Pakistan’s five-year sovereign debt increased by 1,224 basis points, reaching its highest-ever […]

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