Islamabad: Pakistan's first Green Euro (Indus Bond) will be formally launched by the Water and Power Development Authority on Monday (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.
گرین یورو (انڈس بانڈ) واپڈا کی جانب سے لندن سٹاک ایکسچینج میں رواں ہفتے جاری کیا گیا.
— Farrukh Habib (@FarrukhHabibISF) May 31, 2021
گرین یورو (انڈس بانڈ) دیامر بھاشا اور مہمند ڈیم کی فنانسنگ کے لیے جاری کیا گیا ہے.
گرین یورو بانڈ ریاستی ضمانت(sovereign guarantee) کی بجائے واپڈا کی مستحکم مالی پوزیشن کی بنیاد پر جاری کیا گیا pic.twitter.com/riPLS3TL3x
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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