Pakistan makes $500 million Eurobond payment on schedule
ISLAMABAD,– Pakistan has successfully repaid $500 million against its Eurobonds, the finance ministry said on Monday, underscoring the country’s commitment to meeting debt obligations amid stable foreign exchange reserves. The bonds, issued in 2015, were settled on schedule, the ministry added. It said timely repayments reflect Pakistan’s fiscal discipline and have helped improve investor confidence,…
ISLAMABAD,– Pakistan has successfully repaid $500 million against its Eurobonds, the finance ministry said on Monday, underscoring the country’s commitment to meeting debt obligations amid stable foreign exchange reserves.
The bonds, issued in 2015, were settled on schedule, the ministry added. It said timely repayments reflect Pakistan’s fiscal discipline and have helped improve investor confidence, with the country’s sovereign rating recently upgraded.
According to official data, Pakistan’s debt-to-GDP ratio has fallen from 77% in FY2019-20 to 70% in FY2024-25, while the share of external debt in total public debt has declined from 38% to 30% in the last fiscal year.
Pakistan faces total Eurobond repayments of $1.8 billion during the current fiscal year.
