Pakistan Secures $500 Million Eurobond Payment Ahead of Deadline
Islamabad: Pakistan has finalized arrangements to ensure the timely repayment of its $500 million Eurobond, which is due on September 30, 2025, according to sources at the Ministry of Finance.
Officials confirmed that the upcoming payment will not create any additional pressure on the country’s foreign exchange reserves. State Bank Governor Jameel Ahmad also assured that all necessary measures have been taken for a smooth transaction.
Part of Larger Debt Obligations
This Eurobond repayment is a component of Pakistan’s broader $26 billion external debt commitments for the current fiscal year. So far, the government has already cleared $3.5 billion, which includes $1.5 billion in direct payments and $2 billion through rollover arrangements.
Support From Friendly Countries
The Finance Ministry expressed confidence that the remaining debt obligations will also be settled on time. The government is relying on the rollover of $9 billion deposits from friendly nations, which include:
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$5 billion in time deposits from Saudi Arabia
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$4 billion in safe deposits from China
These arrangements are being made in compliance with the International Monetary Fund (IMF) program, which emphasizes fiscal responsibility and financial stability.
