London: (RightNow) Prime Minister Shehbaz Sharif attended the listing ceremony of Pakistan’s $3 billion Eurobond at the London Stock Exchange. He stated that Pakistan’s macroeconomic indicators are on the path to improvement.

The Prime Minister revealed that the Eurobond issuance attracted nearly $6 billion in orders from global institutional investors. The bond includes a $1.75 billion 5.5-year bond with a 7.5% coupon and a $1.25 billion 10-year bond with a 7.9% coupon.

Shehbaz Sharif highlighted the positive outcomes of the government’s economic reforms and digitalization efforts. He praised the efforts of the Finance Minister and other officials.

It is noteworthy that Pakistan issued a $750 million 3-year Eurobond in April. The recent bond issuance has restored Pakistan’s access to global capital markets.

Remember, the listing of bonds on the London Stock Exchange provides Pakistan access to international investors. The Prime Minister also invited the Chief Executive of the London Stock Exchange to visit Pakistan.