Pakistan Plans Additional $250 Million Eurobond as Total Issuance Reaches $1 Billion

Pakistan Raises $500M Eurobond After 4 Years as Investor Confidence Returns

Pakistan is preparing to issue an additional $250 million Eurobond, expanding its return to international capital markets as part of efforts to diversify external financing sources, officials said.

The latest issuance will take the total value of Pakistanโ€™s Eurobonds in global markets to $1 billion, according to finance officials.

Recent issuances and market return

Officials at the Ministry of Finance, Pakistan,ย said the country recently raised $500 million through Eurobonds, followed by an additional $250 million issuance. Combined with earlier transactions, total recent borrowing in this cycle stands at $750 million before the planned new tranche.

Pakistan has re-entered international debt markets after a gap of four years, a move officials describe as part of broader efforts to restore investor confidence.

Terms and structure

The Eurobonds have been issued at an interest rate of around 7% under a three-year medium-term note programme, giving the government flexibility in accessing international financing.

Officials said further issuances may take place before June, depending on external financing needs and global market conditions.

Government view on investor confidence

The Finance Ministry said the successful return to international markets reflects improving investor sentiment toward Pakistanโ€™s economy despite ongoing fiscal and external challenges.

Officials said the issuance is intended to strengthen the countryโ€™s presence in global capital markets and broaden its funding base.

Broader financing strategy

The ministry added that Pakistan plans to continue diversifying its borrowing sources, including potential future issuance of Sukuk and other international bonds, as part of its external financing strategy.

Industry observers say the move signals a gradual reopening of Pakistanโ€™s access to global credit markets, though financing costs remain relatively high.

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