Pakistan issues $500m Euro Bond

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ISLAMABAD: Pakistan has issued  a new Bond of $500 million with a maturity of 10-year in the international Eurobond market.

According to press statement issued by Ministry of Finance here Friday, the similar type of bond was issued last year in April who’s coupon rate was 8.25%.

It may be recalled that Pakistan team, comprising Finance Secretary, Waqar Masood Khan and Governor State Bank of Pakistan, Ashraf Wathra conducted roadshows for launching the bond in London, Los Angeles and Boston while Finance Minister, Senator Mohammad Ishaq Dar led the final roadshow at New York on 23rd September.