Pakistan Upsizes its New Eurobond to $750 Million After Strong Demand
Published Date: April 20, 2026
Published On: ProPakistani
Pakistan has expanded its return to global capital markets by increasing its Eurobond issuance to $750 million after strong investor demand prompted the activation of a $250 million green shoe option.
The 3-year Eurobond, which was initially launched at $500 million, attracted higher-than-expected interest from international institutional investors, allowing the government to upsell the offering and broaden participation in the issuance.
Pakistan recently re-entered international bond markets following a four-year gap, marking a key step in rebuilding external financing channels. The additional allocation through the green shoe mechanism reflects continued investor confidence in Pakistan’s macroeconomic outlook and its sovereign debt instruments.
The strong response helped improve liquidity and depth in Pakistan’s sovereign yield curve, while also strengthening the country’s position in global debt markets.
The oversubscription signals renewed appetite among global investors for Pakistani debt, despite ongoing economic challenges. The successful upsizing is also expected to support future issuances and further engagement with international capital markets.
