ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb confirmed that Pakistan is fully prepared to repay the first $500 million installment of its Eurobond in September 2025.
He shared the update during a post-budget press conference, assuring that all external financing commitments are under control.
The second installment is scheduled for payment in March or April 2026.
Pakistan to Issue First-Ever Panda Bond
In a significant development, the minister also announced Pakistan’s plan to launch its inaugural Panda Bond later this year.
Efforts are underway to obtain credit enhancement from the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) to support this issuance.
This move is part of the government’s broader strategy to diversify sources of financing and tap into non-traditional bond markets.
Focus on Global Financial Access
Senator Aurangzeb emphasized Pakistan’s goal to improve its access to international capital markets.
He noted that as the country’s international credit ratings improve, the government plans to re-enter the Euro and US dollar bond markets by 2026.
The finance minister underscored that these steps are crucial for reducing reliance on a narrow set of funding sources and enhancing economic resilience.
