Overview
- Pakistan exercised a greenshoe option Monday to lift the three-year Eurobond to $750 million, a feature that lets issuers add bonds when demand is high.
- The deal marked its first return to global markets in four years under the Global Medium‑Term Note program, which officials say deepens the sovereign yield curve and broadens investor participation.
- The finance minister told the EU ambassador Tuesday that Pakistan is rolling out a wider funding plan using future international issues and other tools to build foreign exchange buffers.
- In recent weeks Pakistan repaid $1.43 billion in external debt, including a $1.3 billion Eurobond, and returned $2 billion to the UAE, steps officials say helped rebuild credibility.
- Daily Times reported plans for another $250 million tranche at around a 7% coupon before June, though timing and pricing remain unconfirmed and subject to demand.