Finance Minister to meet Eurobond Consortium for fresh loan

MG News | June 22, 2018 at 11:00 AM GMT+05:00

0:00

According to sources, the Ministry of Finance has scheduled a meeting with the President of the consortium of financial advisors of the previous Eurobond issued by Pakistan.

The Meeting is to be held in Islamabad today at 15:00 and will be chaired by the Finance Minister.

While the government is not looking to issue another Eurobond, it is understood that the objective of the meeting is to arrange a syndicated loan for Pakistan.

The members of the consortium include Industrial and Commercial Bank of China, Standard Chartered Bank, Citi Bank and Duetsche Bank.

Related News

ECC approves financing $390m rail deal for Reko Diq project

Pakistan, EU vow to boost economic cooperation and trade ties

MG Morning Breeze: Updates to Skim before Market

Name	Price/Vol	%Chg/NChg
KSE100	158,489.50 522.33M	0.34% 536.03
ALLSHR	97,132.56 1,181.35M	0.40% 391.35
KSE30	48,390.01 182.08M	0.40% 191.07
KMI30	234,205.68 143.26M	0.65% 1511.52
KMIALLSHR	65,288.93 646.20M	0.40% 261.80
BKTi	42,469.94 105.35M	-0.05% -19.62
OGTi	31,785.82 9.02M	0.02% 6.46

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,030.00	117,795.00 116,905.00	-740.00 -0.63%
BRENT CRUDE	67.25	67.57 67.11	-0.19 -0.28%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	94.00	94.50 94.00	0.45 0.48%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.00	63.35 62.85	-0.26 -0.41%
SUGAR #11 WORLD	16.13	16.27 15.89	-0.14 -0.86%