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Saturday, April 27, 2024  
18 Shawwal 1445  

PM to formally launch Pakistan's first Green Euro (Indus Bond) today

Pakistan's first Green Euro (Indus Bond) will be formally launched by the Water and Power Development Authority,...

Pakistan's first Green Euro (Indus Bond) will be formally launched by the Water and Power Development Authority, today (Monday).

Prime Minister Imran Khan will be the chief guest at the launching ceremony.

WAPDA is issuing Green Eurobond to raise 500 million dollars for financing of Diamar Bhasha and Mohmand Dams.

The Green Euro is being issued on the basis of WAPDA's stable financial position instead of state-guarantee.

The world's largest financial institutions have shown extraordinary interest in Green Eurobond which is a sign of confidence in the stable financial position of Pakistan and WAPDA as well.

The extraordinary response to Green Euro in the world financial market has opened new avenues for financing of big projects in Pakistan.

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imran khan

WAPDA

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