Pakistan Targets B+ Credit Rating as Aurangzeb Plans Longer-Term Debt
Finance Minister Muhammad Aurangzeb says Pakistan aims to extend debt maturities, diversify financing sources and improve its sovereign credit rating while strengthening foreign reserves and economic growth.
Shehbaz Sharif Opens London Stock Exchange Session as Pakistan Inaugurates $3 Billion Eurobond
Prime Minister Shehbaz Sharif opened the London Stock Exchange trading session and formally inaugurated Pakistan’s $3 billion dual-tranche sovereign Eurobond.
Fitch Assigns B Minus Rating To Pakistan’s Proposed Dollar Eurobond
Fitch Ratings has assigned a B minus rating to Pakistan’s proposed US dollar denominated bond, with an RR4 Recovery Rating, while highlighting external liquidity, fiscal consolidation and governance risks.
Government Defends Zero-Coupon Bond Program Against Misleading Financial Repayment Claims
Experts and authorities clarify the mechanics of Pakistan’s zero-coupon bond structure, dismissing fiscal time bomb concerns through time value of money principles.