| GEO Business|
| Pakistani bonds risk lessen in international market|
| Updated at: 1301 PST, Tuesday, July 06, 2010|
KARACHI: Pakistani bonds risk has been lessened in international market and Pakistan came at number four from three in threat list.
According to report released by Credit Market Analysis (CMA), insurance premium risk on five-year Pakistani bonds was reduced in international market and it was stood at 719 basis points on June 29, 2010.
Economic analyst Saim Ali said increase in forex reserves with the cooperation of International Monetary Organization and reduction in deficit on current accounts were basic reasons behind reduction in bonds risk.