86
Pakistan’s central bank has repaid $1 billion in Eurobonds, it said on Saturday, a scheduled payment ahead of the South Asian nation seeking a long-term bailout from the International Monetary Fund.
COMMERCIAL BREAK
SCROLL TO CONTINUE READING
The bond, launched in 2014 and repaid on Friday, was maturing this month.
“The payment was made to the agent bank for onward distribution to the bond holders,” the central bank said in a statement. Islamabad has been struggling with a balance of payments crisis, record inflation and steep currency…