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All eyes are on the mayoral vote in Sao Paulo where three candidates are running neck and neck, setting the stage for a second-round runoff on October 27
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Pakistan to issue global bonds to raise over $700m
ISLAMABAD — Pakistan would soon be making another issue of global dollar bonds to raise over $700 million funds for general budgetary support, according to an official statement.
"Pakistan will return to the international financial market with a Rule 144A/Regulations S bond issue for general budgetary support", announced the ministry of finance. This rule makes the securities eligible for purchase and trade by institutional US investors.
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