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Govt to launch Pakistan’s first Green Euro bond today

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

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Govt to launch Pakistan’s first Green Euro bond today
Govt to launch Pakistan’s first Green Euro bond today

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

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

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.

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

It has been issued on the basis of WAPDA’s stable financial position rather than state guarantee.

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