{"id":34016,"date":"2026-06-25T14:34:37","date_gmt":"2026-06-25T14:34:37","guid":{"rendered":"https:\/\/gsrra.com\/?p=34016"},"modified":"2026-06-25T14:34:40","modified_gmt":"2026-06-25T14:34:40","slug":"barclays-upgraded-pakistan-debt-to-overweight-on-oil-outlook-bloomberg","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=34016","title":{"rendered":"Barclays upgraded Pakistan debt to overweight on oil outlook: Bloomberg"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>Pakistan&#8217;s economy continues to demonstrate stability, with an improved fiscal position, the report says.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.google.com\/preferences\/source?q=brecorder.com\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><strong>Barclays Bank Plc has upgraded Pakistan dollar bonds to overweight after lowering the rating in May, citing improved oil market prospects, according to a Bloomberg report that was also shared by Finance Minister\u2019s adviser Khurram Shehzad on Wednesday.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Pakistan&#8217;s economy continues to demonstrate stability, with an improved fiscal position, steadier external buffers, relatively steady foreign reserves, and a moderate growth\/inflation picture, as per the report.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Overweight<\/strong>&#8211; The stock is expected to outperform the unweighted expected total return of the industry coverage universe over a 12-month investment horizon.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe resilience of Pakistan\u2019s external position cannot be ignored, and it underpins the more optimistic view,\u201d Bloomberg quoted as a note written by analysts, including Avanti Save.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cMultilateral and bilateral financing backstops are intact as the country\u2019s geopolitical position remains critical to Central Asia and the Middle East \u2013 a potential tailwind,\u201d the report added. \u201cRecommends buying the 2031, 2036, 2051 sovereign dollar bonds and the 2031 bond issued by Pakistan Water &amp; Power Development Authority; sell the 5-year Pakistan credit default swap.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While credit rating upgrades have taken longer to materialise, agencies may look to review and conclude positively on ratings in 2H 2026, as per the report.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Barclays PLC is a British multinational universal bank, headquartered in London, England. Barclays operates as five divisions: the UK Consumer Bank, UK Corporate Bank, Private Bank and Wealth Management (PBWM), Investment Bank, and the US Consumer Bank.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Barclays fundamental equity research rating system<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Barclays\u2019 coverage analysts use a relative rating system in which they rate stocks as Overweight, Equal Weight or Underweight relative to other companies covered by the analyst or a team of analysts that are deemed to be in the same industry.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Overweight<\/strong>&nbsp;&#8211; The stock is expected to outperform the unweighted expected total return of the industry coverage universe over a 12-month investment horizon.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Equal weight<\/strong>&nbsp;&#8211; The stock is expected to perform in line with the unweighted expected total return of the industry coverage universe over a 12-month investment horizon.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Underweight<\/strong>&nbsp;&#8211; The stock is expected to underperform the unweighted expected total return of the industry coverage universe over a 12-month investment horizon.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Rating suspended<\/strong>\u00a0&#8211; The rating and target price have been suspended temporarily due to market events that made coverage impracticable or to comply with applicable regulations and\/or firm policies in certain circumstances, including where the Investment Bank of Barclays Bank PLC is acting in an advisory capacity in a merger or strategic transaction involving the company.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reference Link:-<a href=\"https:\/\/www.brecorder.com\/news\/40427160\" target=\"_blank\" rel=\"noopener\">https:\/\/www.brecorder.com\/news\/40427160<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Barclays Bank Plc has upgraded Pakistan dollar bonds to overweight after lowering the rating in May, citing improved oil market prospects, according to a Bloomberg report that was also shared by Finance Minister\u2019s adviser Khurram Shehzad on Wednesday. Pakistan&#8217;s economy continues to demonstrate stability, with an improved fiscal position, steadier external buffers, relatively steady foreign [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":30959,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[36,31024,31023,31026,31027,31025],"class_list":["post-34016","post","type-post","status-publish","format-aside","has-post-thumbnail","hentry","category-sample-category","tag-pakistan","tag-barclays","tag-bloomberg","tag-debt-to-overweight","tag-oil-outlook","tag-pakistans-economic-rating","post_format-post-format-aside"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/34016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34016"}],"version-history":[{"count":2,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/34016\/revisions"}],"predecessor-version":[{"id":34018,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/34016\/revisions\/34018"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/30959"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}