April 14, 2020 (MLN): Foreign investors withdrew further $53.74 million yesterday from government securities particularly T-bills, bringing the total outflow for the month to clock in at $412.4 million.
According to the SCRA data released by SBP, from fiscal year to date, the country witnessed an outflow of $2.48 billion in T-bills, against inflows of $3.43 billion, indicating that only $951.5 million investment remained in T-bills.
Similarly, speaking of PIBs, foreginers retreated $45.4 million from the inflow of $60.5 million, taking the total net inflow to clock in at $15 million during Jul FY20 to date.
Country-wise, UK investors made the largest withdrawal from July FY20 to date, as they detached $2 billion so far from T-bills followed by US investors with an outflow of $382.7 million.
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