Pakistan is offering another $1 billion in Sukuk bonds.

On Tuesday, Pakistan issued $1 billion in international bonds under the Sukuk programme.

These Sukuk bonds have a subscription price of $3 billion for five, ten, and thirty years.
The federal cabinet has approved the issuance of Eurobond and Sukuk bonds, which are expected to produce 3.5 billion dollars this fiscal year. These bonds are set to expire in 2027.
Pakistan has agreed to take $300 million in exchange for 5.875 percent five-year bonds. The 10-year notes yield 400 million dollars at 7.125 percent, while the 30-year bonds yield 300 million dollars at 8.450 percent.