Islamabad : Pakistan’s has successfully repaid its $500mn International Bond (Eurobond) due on 30 Sep 2025 – as scheduled, in line with all its obligations.
Issued in 2015 to global investors with a 10-year tenor, the bond matured.
Timely debt servicing remains business as usual, reflecting the country’s commitment to financial discipline. What’s encouraging is that this comes at a time when:
- External buffers & liquidity have strengthened.
- Sovereign ratings have been upgraded.
- Investor confidence is improving, with Pakistan’s bonds trading at a premium in recent history.
- Debt-to-GDP ratio has improved from 77% (FY20) to 70% (FY25).
- External debt’s share in total public debt has declined from 38% to 32% in FY25, reducing FX vulnerability.
- Debt growth has moderated sharply in FY25 versus in earlier years.
Looking ahead, easing global borrowing costs, alongside stronger fundamentals, position Pakistan to access markets on more competitive terms and continue building a more sustainable debt profile.
This is a steady step forward – repayment as expected, but with stronger fundamentals, improved investor sentiment, and a more resilient outlook.
Sohail Majeed is a Special Correspondent at The Diplomatic Insight. He has twelve plus years of experience in journalism & reporting. He covers International Affairs, Diplomacy, UN, Sports, Climate Change, Economy, Technology, and Health.
