Foreign investment in Pakistan's PIBs crosses $500 million in four months

Foreign purchases of Pakistan Investment Bonds (PIBs) totalled $509.2 million from July to October in FY2027, with October alone accounting for about $251 million, Profit by Pakistan Today reported, citing State Bank of Pakistan data. The four-month total was the highest for this period on record. Overseas investors also put $238 million into treasury bills, while equity inflows reached $124.4 million.

The UAE led PIB investment with $395.7 million, followed by Bahrain at $80 million. Combined foreign investment in PIBs, T-bills and equities came to about $872 million. The report links the bond inflows to returns on government securities, including a 12.54% yield on the six-month T-bill, and the rupee’s stability; it also notes concern that banks and other local investors could direct funds to public debt instead of private lending.