Pakistan to Make First $500M Eurobond Installment in September

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has announced that the government is fully prepared to make the first installment payment of $500 million on Eurobonds due in September 2025.

Speaking at the post-budget press conference, he added that the second installment was scheduled for March–April next year, adding the government was fully equipped to manage its external financing obligations.

Finance Minister also announced the launch of Pakistan’s inaugural Panda Bond issuance later this year. The government is actively pursuing credit enhancement through the Asian Development Bank and the Asian Infrastructure Investment Bank (AIIB) to strengthen its financial position and improve access to international funding.

Highlighting the importance of diversifying trade and investment avenues, Senator Aurangzeb emphasized the government’s commitment to expanding access to international financial markets.

“As our international credit ratings improve, we aim to access the Euro and US dollar markets by calendar year 2026,” he said.

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