Pakistan is set to expand its presence in global financial markets with another Eurobond issuance, as the government decides to issue additional Eurobonds worth $250 million.
With this new issuance, the total volume of Pakistan’s Eurobonds in the global market will reach $1 billion.
Officials from the Ministry of Finance Pakistan said that Pakistan recently issued bonds worth $500 million, followed by another $250 million. This brings the total value of bonds issued earlier to $750 million, before the latest planned addition.
Authorities have indicated that further Eurobond issuances may take place before June if required. The decision will depend on Pakistan’s external financial needs and market conditions.
Key terms of bonds
These Eurobonds have been issued at an interest rate of approximately 7%. They are structured for a three-year period under the Medium Term Note Program, providing flexibility in raising funds from international markets.
The Finance Ministry stated that the successful issuance of Eurobonds reflects restored confidence in Pakistan’s economy. Officials believe the move will strengthen Pakistan’s presence in global financial markets and attract further investment.
Earlier this week, Pakistan re-entered the international financial market after a gap of four years by successfully issuing a $500 million Eurobond.
Also Read: Pakistan returns to global markets with $500m Eurobond after four years
According to the Ministry of Finance, the bond was issued for a period of three years and has attracted strong interest from global investors, reflecting improved trust in Pakistan’s economic outlook despite challenging global conditions.
Officials described the development as a significant achievement, stating that the successful issuance has strengthened Pakistan’s position in international financial markets and enhanced its credibility among global investors.
The ministry further noted that the move is part of a broader strategy to diversify funding sources, adding that Pakistan plans to issue more international bonds in the near future, including Sukuk bonds.
