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.

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Published: Mon 14 May 2007, 8:31 AM

Last updated: Sat 4 Apr 2015, 11:00 PM

"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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