Pakistan dollar bonds fall around 1 cent after India strikes over tourist killings
ReutersMay 7, 2025 6:15 AM
LONDON, May 7 (Reuters) - Pakistan's international bonds slipped around 1 cent after India attacked Pakistan and Pakistani Kashmir on Wednesday in response to tourist killings in April, sparking the worst fighting in more than two decades between the nuclear-armed enemies.
The 2036 bond slipped 0.9 cents to be bid at 72.477 cents, Tradeweb data showed.
India said it struck nine Pakistani "terrorist infrastructure" sites, some of them linked to an attack by Islamist militants on Hindu tourists that killed 26 people in Indian Kashmir last month while Islamabad said it had shot down five Indian fighter jets.
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