Eurobonds roadshows evince overwhelming response

09 Apr, 2014

Pakistan's roadshows for the issuance of Eurobonds worth $500 million have received an overwhelming response in the international markets. A Finance Ministry spokesman, quoting Finance Minister Ishaq Dar, told APP on Tuesday that the process for the issuance of Eurobonds would be completed in next 24 hours.
He said roadshows held in Dubai on April 2, London on April 4 and New York on April 7 were led by the Finance Minister, while Finance Secretary Dr Waqar Masood Khan conducted the shows in Singapore, Hong Kong and Los Angeles, which evinced an overwhelming response from international investors. The spokesman said the Finance Minister had called the Prime Minister and informed him about the progress made so far.
The Prime Minister expressed his satisfaction over the process and hoped that in future too, such successful economic policies would be adopted. He said the international investors and bond managers had lauded the economic policies and reforms introduced by the Pakistan government.

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