LONDON: Pakistan’s sovereign dollar bonds rose across the curve on Thursdayas cricket icon-turned-politician Imran Khan inched closer to power after ageneral election.

The 2025 eurobond jumped 2.2 cents to 102 cents in the dollar according toTradeweb data, the highest since June 1. The 2024 issue rose 1.7 cents to101.7 cents, the highest in almost two months.

Pakistan’s benchmark index surged as much as 1.9 percent in early tradingafter Khan took a commanding lead with nearly half the votes counted afterthe election, which has been marred by claims of rigging by opponents.

Analysts said investors were relieved Khan was unlikely to have to rely onmajor opposition parties in a messy coalition.