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Pakistan raised $3 billion in its largest-ever international bond sale. The offering was nearly twice oversubscribed with $6 billion in demand. The government aims to replace short-term bilateral loans from China, Saudi Arabia, and the UAE with longer-term market funding, reducing rollover risk. Pakistan is also pursuing a $10 billion currency-swap line from the US.
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BORSA uses AI-assisted classification and synthesis with deterministic event controls. Market sentiment is informational and is not individualized investment advice.