Pakistan Pays Off $1 Billion Euro Bonds on Time

Pakistan has successfully paid off $1 billion of euro bonds on time, as confirmed by the State Bank of Pakistan. The payment to Pakistani Eurobond holders, including the loan principal and interest, was processed through the agent bank on April 12. Following this payment, Pakistan's Eurobonds debt in the international market has decreased to $7 billion, showcasing the country's commitment to fulfilling its financial obligations.

This timely repayment not only demonstrates Pakistan's financial stability but also boosts investor confidence in the country's economy. By honoring its maturing bonds promptly, Pakistan has sent a positive signal to both domestic and international stakeholders, highlighting its reliability in the global financial market.

It is noteworthy that the bonds were settled along with the accrued interest on the principal amount, underscoring Pakistan's adherence to financial integrity and accountability.