Business & Economy

Pakistan repays $500 million Eurobond on time

Euro Bond

Pakistan has repaid $500 million worth of Eurobond in the global market on time. This Eurobond was issued in 2015 and matured on September 30, 2025.

According to Adviser to the Prime Minister on Finance Khurram Shahzad, timely repayment of loans is a testament to Pakistan’s financial discipline. He said that this move has improved liquidity while Pakistan’s sovereign rating by international institutions is also improving.

He said that investor confidence is increasing and Pakistani bonds are now trading at a premium. The Adviser on Finance added that the debt-to-GDP ratio has come down from 77 percent to 70 percent while the share of external debt in total government debt has also come down from 38 percent to 32 percent.

According to Khurram Shahzad, the pace of debt growth has been significantly lower during fiscal year 2025, and Pakistan will benefit further from the reduction in the cost of borrowing globally.

Business Desk

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