07/09/2026
Pakistan has raised a record $3 billion through a dual-tranche Eurobond, its largest-ever international capital market transaction. The issue attracted nearly $6 billion in orders, signaling strong investor confidence.
The deal includes $1.75 billion in 5.5-year bonds at 7.5% and $1.25 billion in 10-year bonds at 7.9%. The government said the issuance is part of its strategy to diversify funding sources, extend debt maturities, reduce refinancing risks and improve its overall debt profile.
The transaction marks Pakistan’s first issuance under its renewed Global Medium-Term Note programme and follows recent improvements in its sovereign credit ratings and successful Panda Bond issuance.