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Govt floats $1b Eurobonds at 8.5% interest rate Moves aims at building foreign exchange reserves ISLAMABAD: Pakistan on Tuesday floated different tenors Eurobonds worth $1 billion at up to 8.5% interest rates. The bonds the first major transaction in FY 2021-22 have been arranged to build the country’s foreign exchange reserves. “The government floats five-, 10- and 30-year bonds at an interest rate that range between 5.875% to 8.45%,” a senior government functionary confirmed to The Express Tribune. Pakistan borrowed $300 million for five years at 5.875% interest rate which was 5.01% higher than the benchmark five-year US paper. The government also borrowed another $400 million for 10 years at an interest rate of 7.125% up 5.7% over the comparative US treasury rate.

Islamabad international airportJinnah international airportInternational monetary fundIslamabad international airport rsRoshan digitalInternational monetaryState bankIslamabad expresswayஇஸ்லாமாபாத் சர்வதேச விமானஜின்னா சர்வதேச விமானசர்வதேச பண நிதிரோஷன் டிஜிட்டல்சர்வதேச பணநிலை வங்கிஇஸ்லாமாபாத் அதிவேக நெடுஞ்சாலை