Pakistan kicks off process for dual-tranche dollar Eurobond

Pakistan has launched the process for a US$ benchmark dual-tranche Eurobond, Advisor to the Finance Minister Khurram Schehzad announced on Tuesday. The process offered five-year and 10-year tenors, the minister shared in a post on X. “The transaction follows successive sovereign credit-rating upgrades, stronger macroeconomic fundamentals and improved investor confidence — marking another important step in Pakistan’s renewed access to international capital markets,” he wrote.