Business Desk 
Apr 18, 2026
Pakistan has finally entered the international capital markets after a four-year gap, raising $500m through a Eurobond issuance under its Global Medium-Term Note (GMTN) Programme.
Taking to his official X (formerly Twitter) account, Advisor to the Finance Minister Khurram Schehzad said: "Pakistan has successfully returned to the international capital markets after a four-year hiatus, with the issuance of a $500m Eurobond. The three-year Eurobond witnessed strong investor demand despite ongoing global market and geopolitical uncertainties – signalling renewed confidence in Pakistan’s economic outlook."
Showcasing key aspects of the development, the advisor said the successful marker re-entry after four years, strong investor demand in a challenging global environment, strengthened positioning in international capital markets, and supports the development of a deeper and more liquid yield curve.
The transaction shows improving investor sentiment and marks an important step in Pakistan’s strategy to diversify funding sources and rebuild a sustainable market presence.
"Pakistan would continue to expand engagement with global markets, adding that requests for proposals for financial advisors for the GMTN and international Sukuk programmes would be launched soon, while progress on the Panda Bond programme was also progressing toward issuance," said Schehzed.
Moreover, he added that Pakistan's improving macroeconomic indicators, ongoing structural reforms, and gradual strengthening of growth momentum were contributing to a more stable economic outlook.
The federal government is preparing for the launch of a $250 million Panda bond, aimed at tapping into the Chinese financial market.
