T-bills, equity see record inflows in FY24

KARACHI: The inflow for treasury bills has set a new record as it jumped by $232 million during the first 21 days of June while the net inflow in the equity market has reached a 10-year high.

The latest data of the State Bank shows the inflows suddenly picked up pace in the last quarter of FY24 (July 2023-June 2024), with June alone bringing in a whopping $232m during the first 21 days.

Such hefty inflow was seen only once before — in 2020 at the peak of Covid-19 outbreak. Total inflows during FY24 stand at $706.4m...