Overview
- A 10-year Eurobond issued in 2015 matured on September 30 and was repaid on schedule, Adviser to the Finance Minister Khurram Schehzad announced.
- Finance ministry planning points to a $400 million international bond issuance as the government manages external obligations reported at about $1.8 billion in Eurobond maturities this fiscal year.
- Official documents indicate Pakistan aims to diversify funding with yuan‑denominated Panda bonds placed in China’s National Interbank Market, alongside proposed sugar and sustainable bonds.
- Authorities highlight stronger external buffers, recent sovereign rating upgrades, and Pakistani bonds trading at a premium as signs of improved market confidence.
- Schehzad cites a decline in the debt‑to‑GDP ratio to 70% from 77% and a drop in external debt’s share of public debt to 32% from 38%, while analysts say the repayment eases near‑term default risk.