The government has postponed the issuance of $250 million worth of Panda Bonds for the fourth time this fiscal year, after the Finance Ministry failed to complete the required preparations on schedule. Originally planned for early February, the bond launch could not move forward due to incomplete documentation and pending approvals, although officials remain hopeful […]
Eurobond repayment
After $500m settlement, Pakistan vows smooth Eurobond repayment next year
Finance Minister Muhammad Aurangzeb on Thursday said that Pakistan is ‘well-positioned’ to repay a $1.3 billion Eurobond maturing in April next year. The assurance comes as the federal minister highlighted improved macroeconomic stability and a more predictable financing outlook. “We repaid $500 million Eurobond on September 30, a total non-event. We are well-positioned to pay […]