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Eurobond Inflows Lift Pakistan’s Reserves to $21.27 Billion

The move signals a cautious return to global markets, offering short-term relief on external payments.

Overview

  • State Bank data show foreign exchange reserves increased by $730 million to $15.83 billion, taking the national total to $21.269 billion.
  • The central bank said the rise came from proceeds of a new three-year Eurobond that boosted its holdings.
  • The government increased the Eurobond to $750 million from $500 million through a greenshoe after strong investor demand.
  • Analysts said the inflow eases payment pressure for now, yet lasting stability will depend on further funding and stronger exports.
  • Business Recorder reported Pakistan repaid $3.4 billion to the UAE during the period, with $3 billion from Saudi Arabia helping offset the outflow.