Pakistan secures $3 billion via two-part international bond offering

Despite its status as a "junk-rated" borrower, Pakistan successfully collected $3 billion from international investors in a dual-tranche bond sale. The country issued $1.75 billion in five-year notes with a 7.75% yield, alongside $1.25 billion in 10-year notes at an 8.25% yield. The "junk-rated" label indicates that credit rating agencies view the nation as having an increased risk of potential difficulty in meeting its debt repayment obligations.

by shortkt.com
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Pakistan secures $3 billion via two-part international bond offering | ShortKT