Islamabad (UNA-OIC) – Pakistani Prime Minister Imran Khan on Monday formally launched the country’s first Green Eurobond (Indus bond) by Water and Power Development Authority (Wapda) to meet the financial needs relating to the construction of Diamer Bhasha and Mohmand dams.
The bond has been floated for 10 years to raise $500 million at a competitive price of about 7.5 percent interest rate.
The prime minister lauded Chairman Wapda and his team for the landmark achievement of securing bonds in the international market, at the launch ceremony of the bond held at the Prime Minister’s House.
Imran Khan expressed satisfaction over the interest of leading international investors in Pakistan’s green Eurobond, saying it reflected their confidence in the government and Wapda.
https://www.app.com.pk/top-news/pakistans-first-green-eurobond-launched-to-finance-diamer-mohmand-dams/
The bond has been floated for 10 years to raise $500 million at a competitive price of about 7.5 percent interest rate.
The prime minister lauded Chairman Wapda and his team for the landmark achievement of securing bonds in the international market, at the launch ceremony of the bond held at the Prime Minister’s House.
Imran Khan expressed satisfaction over the interest of leading international investors in Pakistan’s green Eurobond, saying it reflected their confidence in the government and Wapda.
https://www.app.com.pk/top-news/pakistans-first-green-eurobond-launched-to-finance-diamer-mohmand-dams/
