Foreign investment in the government securities market witnessed a net outflow of US dollars 89 million in May 2018, with a cumulative net outflow of US dollars 102 million during the first five months of 2018.

Outflows recorded from the financial account of the BOP broadly reflect rebalancing of portfolios by the foreign investors consequent to the interest rate hikes by the US Federal Reserve.

Foreign investments in the CSE including primary and secondary market flows recorded a net inflow of US dollars 5 million in May 2018 with a cumulative net inflow of US dollars 53 million during January-May 2018. Long term loans to the government recorded a net outflow of US dollars 325 million and US dollars 231 million during May 2018 and first five months of the year, respectively.