Pakistan’s Eurobond raised $2.5 billion after a gap of almost 3 years. The transaction generated purchases from investors in Asia, Middle East, Europe and the US.
It was oversubscribed almost two times, with approx. 6% for five-year, 7.375% for 10-year and 8.875% for 30-year bonds.
In last issue of November 2017, Pakistan raised $2.5 billion by offering 5-year sukuk of $1 billion and 10-year Eurobond of $1.5 billion at 5.625% and 6.875%, respectively.
Quarterly Review Video.
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