External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Macroeconomics

Pakistan Government International Bond (PKSTAN GOVT)

<ul><li>Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) has announced fifth consecutive rate cut and reduced the policy rate by 200bps to 13%, in line with the market expectations and poll conducted by Topline research. This takes cumulative interest rate cut to 900bps from peak of 22% in May/Jun 2024.</li><li>The real interest rate post this rate cut now stands at 810bps vs earlier 1010bps. To highlight, this is still higher than Pakistan’s historic average of 200-300bps.</li><li>Key Takeaways from Press Release and Analyst Briefing</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) has announced fifth consecutive rate cut and reduced the policy rate by 200bps to 13%, in line with the market expectations and poll conducted by Topline research. This takes cumulative interest rate cut to 900bps from peak of 22% in May/Jun 2024.The real interest rate post this rate cut now stands at 810bps vs earlier 1010bps. To highlight, this is still higher than Pakistan’s historic average of 200-300bps.Key Takeaways from Press Release and Analyst BriefingContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Pakistan Economy - SBP Reduced Policy Rate by 200bps