The yield on Pakistan 10Y Bond Yield eased to 11.98% on July 22, 2025, marking a 0.02 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.37 points and is 2.10 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Pakistan 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on July of 2025.

Key information about Pakistan Short Term Government Bond Yield

• Pakistan Short Term Government Bond Yield: Daily: Pakistan: 3 Years was reported at 12.00 % pa in Jul 2023, compared with 12.00 % pa in the previous day.
• Pakistan Short Term Government Bond Yield data is updated daily, available from Mar 2015 to Jul 2023.
• The data reached an all-time high of 12.00 % pa in Jul 2023 and a record low of 7.00 % pa in Aug 2022.
• Short Term Government Bond Yield is reported by CEIC Data.

The benchmark interest rate in Pakistan was last recorded at 11 percent. This dataset provides - Pakistan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of July 18, 2025, the major economy with the highest yield on 10-year government bonds was Turkey, with a yield of ** percent. This is due to the risks investors take when investing in Turkey, notably due to high inflation rates potentially eradicating any profits made when using a foreign currency to investing in securities denominated in Turkish lira. Of the major developed economies, United Kingdom had one the highest yield on 10-year government bonds at this time with **** percent, while Switzerland had the lowest at **** percent. How does inflation influence the yields of government bonds? Inflation reduces purchasing power over time. Due to this, investors seek higher returns to offset the anticipated decrease in purchasing power resulting from rapid price rises. In countries with high inflation, government bond yields often incorporate investor expectations and risk premiums, resulting in comparatively higher rates offered by these bonds. Why are government bond rates significant? Government bond rates are an important indicator of financial markets, serving as a benchmark for borrowing costs, interest rates, and investor sentiment. They affect the cost of government borrowing, influence the price of various financial instruments, and serve as a reflection of expectations regarding inflation and economic growth. For instance, in financial analysis and investing, people often use the 10-year U.S. government bond rates as a proxy for the longer-term risk-free rate.

As of December 30, 2024, ** economies reported a negative value for their ten year minus two year government bond yield spread: Ukraine with a negative spread of ***** percent; Turkey, with a negative spread of 1332 percent; Nigeria with **** percent; and Russia with **** percent. At this time, almost all long-term debt for major economies was generating positive yields, with only the most stable European countries seeing smaller values. Why is an inverted yield curve important? Often called an inverted yield curve or negative yield curve, a situation where short term debt has a higher yield than long term debt is considered a main indicator of an impending recession. Essentially, this situation reflects an underlying belief among a majority of investors that short term interest rates are about to fall, with the lowering of interest rates being the orthodox fiscal response to a recession. Therefore, investors purchase safe government debt at today's higher interest rate, driving down the yield on long term debt. In the United States, an inverted yield curve for an extended period preceded (almost) all recent recessions. The exception to this is the economic downturn caused by the coronavirus (COVID-19) pandemic – however, the U.S. ten minus two year spread still came very close to negative territory in mid-2019. Bond yields and the coronavirus pandemic The onset of the coronavirus saw stock markets around the world crash in March 2020. This had an effect on bond markets, with the yield of both long term government debt and short term government debt falling dramatically at this time – reaching negative territory in many countries. With stock values collapsing, many investors placed their money in government debt – which guarantees both a regular interest payment and stable underlying value - in contrast to falling share prices. This led to many investors paying an amount for bonds on the market that was higher than the overall return for the duration of the bond (which is what is signified by a negative yield). However, the calculus is that the small loss taken on stable bonds is less that the losses likely to occur on the market. Moreover, if conditions continue to deteriorate, the bonds may be sold on at an even higher price, partly offsetting the losses from the negative yield.

Interbank Rate in Pakistan decreased to 10.90 percent in June from 11.11 percent in May of 2025. This dataset provides - Pakistan Six Month Treasury Bill Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Infant Mortality Rate for Pakistan (SPDYNIMRTINPAK) from 1960 to 2023 about mortality, infant, Pakistan, and rate.

Graph and download economic data for Crude Birth Rate for Pakistan (SPDYNCBRTINPAK) from 1960 to 2023 about Pakistan, birth, crude, and rate.

Key information about Pakistan Policy Rate

• Pakistan cash rate (State Bank of Pakistan: Reverse Repo Rate) was set at 13.00 % pa in Feb 2025, compared with 13.00 % pa in the previous Jan 2025.
• Pakistan Policy Rate averaged 12.00 % pa and is updated monthly, available from Feb 1992 to Feb 2025.
• The data reached an all-time high of 23.00 % pa in May 2024 and a record low of 6.25 % pa in Dec 2017.

• In the latest reports, Pakistan Short Term Interest Rate: Month End: Pakistan: Interbank Rate: Karachi Average: 3 Months was reported at 22.91 % pa in Jun 2023.
• Its Long Term Interest Rate (Long Term Interest Rate: Month End: Pakistan: Government Bond Yield: 10 Years) was reported at 11.00 % pa in Jun 2023.
• Pakistan Exchange Rate against USD averaged 286.58 (USD/PKR) in Jun 2023.
• Its Real Effective Exchange Rate was 103.70 in Dec 2024.

Graph and download economic data for Fertility Rate, Total for Pakistan (SPDYNTFRTINPAK) from 1960 to 2023 about Pakistan, fertility, and rate.

Graph and download economic data for Youth Unemployment Rate for Pakistan (SLUEM1524ZSPAK) from 1991 to 2024 about Pakistan, 15 to 24 years, unemployment, and rate.

Graph and download economic data for Adolescent Fertility Rate for Pakistan (SPADOTFRTPAK) from 1960 to 2023 about 15 to 19 years, Pakistan, fertility, and rate.

Deposit Interest Rate in Pakistan increased to 7.25 percent in December from 5.97 percent in November of 2021. This dataset includes a chart with historical data for Deposit Interest Rate in Pakistan.