Pakistan raised $3 billion from global investors on September 3, 2026. It is the biggest single bond sale in the country's history, according to the Ministry of Finance.
Where the Money Came From
The deal had two parts. Investors put in $1.75 billion for five and a half years, at 7.50% interest. They put in another $1.25 billion for ten years, at 7.90% interest.
Buyers offered close to $6 billion in total. That is almost double what Pakistan asked for. This shows real demand from banks and funds around the world.
Why the 10-Year Part Stands Out
Most of Pakistan's recent borrowing has come from short-term deposits from friendly countries like Saudi Arabia and the UAE. Those loans need constant renewal, often at short notice.
A 10-year bond is different. Investors agreeing to wait ten years for their money back is a sign they trust Pakistan's economy to hold up that long. A finance ministry official told The Express Tribune that part of the new money will go toward repaying a Saudi Arabia deposit. That swaps a short-term loan for a longer one, so Pakistan has less pressure to repay fast.
