Pakistan dollar bonds fall around 1 cent after India strikes over tourist killings

By Reuters
May 08, 2025
A currency trader counts Pakistani Rupee notes as he prepares an exchange of US dollars in Islamabad. — Reuters/File
A currency trader counts Pakistani Rupee notes as he prepares an exchange of US dollars in Islamabad. — Reuters/File

LONDON: Pakistan’s international bonds slipped around 1 cent after India attacked Pakistan and Azad Kashmir on Wednesday in response to tourist killings in April, sparking the worst fighting in more than two decades between the nuclear-armed enemies.

The 2036 bond slipped 0.9 cents to be bid at 72.477 cents, Tradeweb data showed.