LONDON: Pakistan’s dollar bonds fell across the curve on Monday after India’s government revoked the special status of Kashmir in an effort to fully integrate its only Muslim-majority region with the rest of the country.

The bonds have been under pressure in recent days on renewed tension over occupied Kashmir, but Monday’s move by the government triggered a new fall, with Pakistan’s 2027 issue losing 1.7 cents in the dollar to reach its lowest level in more than a month, according to Tradeweb.—Reuters