Tag Archives: $2.5bn raised in govt’s first foray into international market

ISLAMABAD: A day after ouster of Finance Minister Dr Abdul Hafeez Shaikh, the government raised $2.5 billion in three dollar bonds of five, 10 and 30 years from the international capital market on Tuesday. Receiving over 50 per cent oversubscription to $5.3bn, this was the first international capital market transaction since the Pakistan Tehreek-i-Insaf came to power in August 2018. Last week’s …

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