Pakistan Launches Process For Five And 10 Year Dollar Eurobond
Pakistan has launched the process for a benchmark U.S. dollar denominated dual tranche Eurobond with five year and 10 year maturities, marking a potential return to international capital markets.
Pakistan Retires Record Rs1.2 Trillion Debt Early as Government Steps Up Liability Management
Pakistan’s Ministry of Finance has repaid Rs1.2 trillion to the State Bank of Pakistan ahead of maturity, taking cumulative early domestic debt repayments above Rs5.92 trillion.
Moody’s Upgrades Pakistan Credit Rating to B3 as Economic Conditions Improve
Moody’s upgrades Pakistan’s sovereign credit rating to B3 from Caa1, citing improved governance, stronger external buffers and continued macroeconomic stabilisation.
Pakistan Selects Global Banking Consortiums for GMTN and Sukuk Debt Programs
The Ministry of Finance has chosen leading international banking consortiums to manage its multi-year GMTN, Sukuk, and foreign currency debt issuances.
Global Investment Banks Reevaluate Sovereign Debt Dynamics in Central Asian Corridors
Barclays upgraded Pakistan dollar bonds to overweight, pointing to improved oil market prospects, steady external reserves, and firm multilateral backstops.
Ministry of Finance Rejects All Bids in Primary Market Sovereign Sukuk Auctions on Pakistan Stock Exchange
The government of Pakistan passes on a combined one hundred and fifty billion rupee target by rejecting all offers for its recent hybrid and ijarah sukuk auction.
Pakistan Makes Historic Chinese Market Entry with Over-Subscribed Inaugural Panda Bond Issuance
Pakistan enters China onshore capital market with a successful RMB 1.75 billion Panda Bond issuance, securing a highly competitive 2.5 percent coupon rate.
Fitch Warns Political Instability to Heighten Credit Risks in Asia-Pacific Emerging Markets in 2026
Fitch Ratings flags political instability as a key credit risk for Asia-Pacific emerging market sovereigns in 2026, citing social unrest, fiscal pressures, and investor concerns across Indonesia, Nepal, Philippines, Maldives, and Mongolia.
IMF Executive Board Set to Review Pakistan’s Program for $1.2 Billion Tranche on December 8
The IMF’s Executive Board will deliberate on Pakistan’s next tranche totaling $1.2 billion under the Extended Fund Facility and Resilience and Sustainability Facility on December 8, following a recent staff-level agreement.
Govt Raises ₨934bn Through PIBs and T-Bills Auctions as Investors Favor Short Tenors
The government of Pakistan has raised around ₨934 billion through PIBs and T-Bills auctions, with investors showing strong demand for short-term instruments amid stable interest rates and monetary policy expectations.

