Pakistan has repaid $1 billion in Eurobonds as a scheduled payment ahead of seeking a long-term bailout from the International Monetary Fund (IMF). The bond, launched in 2014 and repaid on Friday, was maturing this month. “The payment was made to the agent bank for onward distribution to the bond holders,” the State Bank of Pakistan said in a statement.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Qasim Suri Visits Industrial Units in Sialkot

SIALKOT, Oct 11 (APP): National Assembly Deputy Speaker Qasim Khan Suri Sunday…

Turkey to pay for Russian gas in Roubles

London: On September 16, Russian President Vladimir Putin said that 25% of…