October 25, 2026
Pakistan Rejects a $490m Loan as Too Expensive
The Debt Management Office turned down a one-year $490 million facility because its 8 per cent all-in cost ran well above the 6 per cent target.
Articles for tag: borrowing, debt, economy, Eurobond, financing needs, islamic development bank
September 3, 2026
7.9
Pakistan raised $3bn this week, its largest ever international bond, at 7.5pc and 7.9pc — close to the most expensive money it has borrowed abroad in over a decade. Both facts are true, and the press release contains only one of them.
September 3, 2026
Pakistan Raises $3bn in Eurobond Sale, Its Largest Ever, at 7.5pc and 7.9pc
Pakistan raised $3bn in a dual-tranche Eurobond — $1.75bn over 5.5 years at 7.5pc and $1.25bn over 10 years at 7.9pc — drawing nearly $6bn in orders in what the Finance Ministry calls its largest international capital market transaction.
September 2, 2026
Pakistan Launches Dual-Tranche Eurobond in Return to Global Capital Markets
Pakistan has launched a dual-tranche dollar Eurobond with five and ten-year tenors, after S&P assigned a 'B' rating and Fitch 'B-'. The size will depend on demand; the last issue in April raised $750 million at 6.975pc.
PIA privatization enters the final stage, says Aurangzeb
Finance Minister Muhammad Aurangzeb has announced that the privatization of Pakistani International Airlines has entered its final phase, while the government is also actively considering the external assignment of Islamabad’s international airport and the privatization of energy distribution companies. Aurangzeb made observations during a meeting on Tuesday with a delegation led by the founder and chief executive of Acumen Jacqueline Novogratz. The meeting focused on investment opportunities, climate durability and ongoing economic reforms in Pakistan. In a formal statement, the Ministry of Finance stated that the minister informed the delegation on the government’s agenda and the efforts to stabilize the
Foreign bonds outperform bonds
design: Ibrahim Yahya KARACHI: Pakistan’s US dollar eurobonds and Sukuk led a bumper rally in global markets on Wednesday in the wake of an end to the political impasse over government formation at the centre, outperforming their emerging market counterparts on the day. According to data compiled and reported by JS Global Research, Pakistan’s foreign bonds rose in the range of 1-6% on the day, outpacing almost all of the losses recorded by bonds after Pakistan’s election. Speaking to The Express Tribune, Chase Securities Research Director Yousuf M Farooq said that the chances of forming the new political government have
International investor confidence in Pakistan is increasing
KARACHI: Pakistan regained the confidence of international investors as the country risk premium fell sharply from a peak of more than 14% in June, while its dollar-denominated Eurobond prices rose sharply. Topline Securities CEO Mohammed Sohail said on social media platform X “Pakistan’s country risk premium has come down significantly from a peak of 14.13% on June 27, 2023 to the current level of 3.35%. This shows the building of investor confidence in Pakistan’s post-IMF standby agreement (SBA).’ The reduction in the risk premium signals a revival of global investor confidence in Pakistan’s equity and debt securities from the previous
