Islamabad: Pakistan has completed the repayment of its $500 million Eurobond, which was issued in 2015 and matured on September 30, 2025, on time.
Adviser to the Prime Minister on Finance Khurram Shahzad said that the timely repayment of the Eurobond reflects Pakistan’s fiscal discipline and has further increased the confidence of international institutions. He said that the liquidity situation has improved and a positive trend is being seen in Pakistan’s credit rating globally.
He added that the bonds are currently trading at a premium, while the debt-to-GDP ratio has come down from 77 percent to 70 percent. According to him, the share of external debt in total government debt has also come down from 38 percent to 32 percent.
The Finance Advisor said that the pace of debt growth has been significantly lower during fiscal year 2025, while the reduction in global borrowing costs is a welcome opportunity for Pakistan.