Pakistan's forex reserves got a shot in the arm as the country raised $3 billion through a dual-tranche Eurobond. This unprecedented success comes on the heels of renewed confidence exhibited by lenders in macroeconomic reforms and the stringent implementation of the IMF's programme. It is the largest single international capital market transaction achieved from a broad and diversified base of institutional investors across global markets and continents. The breakdown of the issuance includes $1.75 billion through a........

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