Pakistan has successfully paid its International Bonus of $ 500 million (Eurobond) that matured on September 30, 2025, in line with all its obligations.
The Advisor of the Minister of Finance, Khurram Schehzad, announced on Wednesday that the Eurobond, issued in 2015 to world investors with a tenor of 10 years, was resolved in time.
Update: 🇵🇰 Pakistan maintains constant debt service, amid the foundations of strengthening and improvement of perspective
Pakistan has successfully paid its International Bonus of $ 500mn (Eurobond) defeated on September 30, 2025, as scheduled, in line with all its obligations.
Issued in 2015 to …
– Khurram Schehzad (@kschehzad) October 1, 2025
“This refund reflects Pakistan’s ability and determination to honor his international obligations on time,” Schehzad said. “What makes it even more significant is that it occurs at the time of improving the foundations and feeling of investors.”
The announcement comes in the context of recent profits in Pakistan’s economic indicators. External shock absorbers and liquidity have been strengthened, sovereign ratings have been improved, and investors’ confidence has been recovered, with the Pakistan bonds merchant with a premium in recent months.
Read: Qualification of the spark update Eurobond Rally
Debt sustainability metrics have also improved. Pakistan’s debt / GDP ratio has decreased from 77 percent in fiscal year 2010 to 70 percent in fiscal year 2015. The participation of external debt in total public debt has fallen from 38pc to 32pc, reducing foreign exchange vulnerabilities. Debt growth has also moderated sharply in fiscal year 2015 compared to previous years.
Looking towards the future, Pakistan is better positioned to re -enter international markets. “Relieve the costs of global loans, along with the strongest foundations, provide space to Pakistan to access capital in more competitive terms and build a more sustainable debt profile,” Schehzad added.
International Pakistan bonds have been in an ascending trajectory in recent months, helping to improve macroeconomic foundations. After the update of Standard & Poor’s of the Sovereign Credit Qualification of Pakistan a ‘B-‘ with a stable perspective in July 2025, the bonds through the performance curve witnessed strong profits, with longer hole instruments that were united abruptly. The 30 -year bonus that matured in 2051 increased more than 10% on the date, while the shortest maturities, including 2025 and 2026 bonds, also exceeded.
Investor trust has remained resistant even during periods of geopolitical tension. In May 2025, the prices of Eurobond and Sukuk of Pakistan registered notable profits despite the Indo-Pak escalation, as the yields decreased up to 61 basic points in the tenors. The analysts attributed this to the progress of the IMF program, improved foreign reserves and controlled inflation, which reduced the risk of breach and attracted global investors.
Read more: Global bonds manifest despite Indo-Pak escalation
The impulse in the global debt markets has been building since 2023. The international bonds of Pakistan doubled with more than duplicating their value after ensuring a rescue of the IMF of $ 3 billion in June in June 2023, with investors that express a renewed confidence in the reforms and the ability of the government to serve their debt. The analysts pointed out that the acute rally in Eurobonds and Sukuks was driven by fiscal consolidation, the improvements of the current account and the stability of the exchange rate.
