Pakistan’s Eurobond became expensive after the agreement with the International Monetary Fund (IMF).
The $1 billion Eurobond maturing in April 2024 rose 16 cents to 71 cents.
The $500 million Eurobond maturing in September 2025 rose 13 cents to 55 cents.
From October 2022, the value of Pakistani bonds has increased by 70 to 80 percent.
It should be noted that the International Monetary Fund (IMF) has signed a staff level agreement with Pakistan.
Pakistan and IMF have signed an agreement for 3 billion dollars standby arrangement.
The International Monetary Fund says that a 9-month standby agreement has been reached with Pakistan.
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