Hong Kong’s inflation-protected bonds for senior citizens have received an overwhelming response after the government promised to pay the highest coupon on the securities since they were first introduced to retail investors in 2016.The three-year bonds will pay the higher of 3.5 per cent or the average consumer-price inflation, a sweetener for residents in an economy facing its worst slump in economic activity and employment. The annual coupon is seven times more than the average rate on time…Click Here For Original Article
Pakistan’s exports grow to $2.3b in March, Highest in the last 10 years period.
Exports from Pakistan witnessed a growth of 13.4% MoM to stand at USD 2.345 billion in the month of March...