Rs. 11 billion outflow from bond market

Wealth Trust Securities said the outflow of dollars from the rupee bond market continued for a ninth consecutive week, recording Rs. 10.97 billion for the week ending 31 October.

It said persistent foreign selling saw yields increase once again at the end of the week with the 15.03.23 and 15.07.23 maturities edging up to 11.50% and 11.40% respectively.