EM CEEMEA CREDIT: Pakistan: Preliminary agreement with IMF loan disbursement
Oct-15 07:55
(PKSTAN:Caa1/B-/B-)
“Pakistan Gets Initial IMF Approval for $1.2 Billion Loans” – BBG
- Pakistan reached a preliminary agreement with the IMF to receive $1bn under its Extended Fund Facility and another $200mn under the Resilience and Sustainability Facility, supporting climate reform.
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
EURIBOR OPTIONS: Call Spread Buyer
Sep-15 07:54
ERM6 98.25/98.37cs, bought for 2.25 in 5k.
EURIBOR OPTIONS: Put Ladder Seller
Sep-15 07:52
ERM6 98.375/98.25/97.9375p ladder, sold at 5.5 in 2.8k.
USD: Under broader pressure
Sep-15 07:50
- Cable seems to be leading, helping wider G10 Currencies finding a bid against the USD.
- DXY is at session low, while the EUR, SEK, AUD, CAD, NOK and now the ZAR, MXN, CZK, PLN, TWD are all testing intraday highs.
- The continued gain in Equities could be helping here.
