Gravitas: Desperate Pakistan raises $1 billion at record interest
Edited By WION Video Desk
Published: Jan 27, 2022, 02:11 IST | Updated: Jan 27, 2022, 02:11 IST
Pakistan has raised $1 billion through Islamic bond at record interest rates. What is special about Islamic bonds? At 7.95%, why is Pakistan paying a much higher interest rate than the US benchmark? Palki Sharma tells you.
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