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Pakistan’s First Green EuroBond Will Be Officially Launched by Prime Minister Imran Khan.

haseeb by haseeb
May 31, 2021
in News
0
Green EuroBond

The Prime Minister will be the Chief Guest at the launch ceremony of the Green Eurobond issued by the Water & Power Development Authority (WAPDA).

According to reports, the Minister of State for Information and Broadcasting Farrukh Habib informed about the issuing of Eurobonds in a message on the social networking website.

Prime Minister Imran Khan will formally introduce Pakistan’s first Green Euro (Indus Bond) today, according to Minister of State for Information and Broadcasting Farrukh Habib.

He stated that proposals of roughly $3 billion were made against a $500 million requirement.
Green Eurobonds’ unprecedented acceptability in the global financial market has opened up new options for Pakistan to fund important projects.

The Prime Minister’s House will host the launch of Green EuroBonds today, with Prime Minister Imran Khan speaking at the event.

وزیراعظم عمران خان آج پاکستان کے پہلے گرین یورو (انڈس بانڈ) کا باضابطہ اجرا کریں گے
500 ملین ڈالر کی ضرورت کے مقابلے میں تین ارب ڈالر کے لگ بھگ آفرز آئی۔عالمی فنانس مارکیٹ میں گرین یورو بانڈ کی غیرمعمولی پذیرائی سے پاکستان میں بڑے منصوبوں کی فنانسنگ کے لئے نئی راہیں کھل گئی ہیں pic.twitter.com/lr7xtCzt8k

— Farrukh Habib (@FarrukhHabibISF) May 31, 2021

Green Eurobonds:

WAPDA has issued a Green Euro (Indus Bond) on the London Stock Exchange this week.

For the Diamer Bhasha and Mohmand Dams, a green Euro (Indus Bond) has been issued.

WAPDA’s secure financial situation was used to issue the Green Eurobond, rather than a government guarantee.

Tags: EuroBondGreen EuroBondOfficially Launched Green EuroBondPakistan's First Green EuroBondwhats is Green EuroBond

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