Pakistan government bonds
4 USD government bonds tracked for Pakistan, maturing 2027–2036. Yields to worst 6.8–8.8% on 8 Oct 2026. Compare dated prices, yields and scheduled payments.
Legal name: President of the Islamic Republic of Pakistan for and on behalf of the Islamic Republic of Pakistan
4 tracked issues for central government, denominated in USD. Scheduled final maturities range from 5 DEC 27 to 10 SEP 36. Recorded governing law: UK. Corporate and regional government obligations are listed separately in the country directory.
Updated 8 OCT 26.
Figures cover the bonds listed on this page.
Bond prices, yields and maturities
| Bond | ISIN | Currency | Price per 100 | Yield to worst (S.A.) | Coupon | Maturity | Price date | G-spread (bps) | Modified duration (years) | Outst (USDm) | Seniority | Curve coverage |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PKSTAN 6.875 27 | XS1729875598 | USD | 100.099 | 6.75% | 6.875% | 5 DEC 27 | 7 OCT 26 | 228.0 | 1.07 | 1,500 | Not documented | Eligible; no fitted curve |
| PKSTAN 7.375 31 | XS2322319638 | USD | 96.858 | 8.22% | 7.375% | 8 APR 31 | 7 OCT 26 | 323.0 | 3.74 | 1,000 | Not documented | Eligible; no fitted curve |
| PKSTAN 7.5 32 | XS3497415557 | USD | 97.139 | 8.16% | 7.5% | 10 MAR 32 | 7 OCT 26 | 310.0 | 4.34 | 1,750 | Not documented | Eligible; no fitted curve |
| PKSTAN 7.9 36 | XS3489966229 | USD | 93.757 | 8.85% | 7.9% | 10 SEP 36 | 7 OCT 26 | 357.0 | 6.62 | 1,250 | Not documented | Eligible; no fitted curve |
Next scheduled payments
- 7 DEC 26 · coupon · PKSTAN 6.875 27 · USD 51.6 million
- 10 MAR 27 · coupon · PKSTAN 7.9 36 · USD 49.4 million
- 10 MAR 27 · coupon · PKSTAN 7.5 32 · USD 65.6 million
- 8 APR 27 · coupon · PKSTAN 7.375 31 · USD 36.9 million
- 7 JUN 27 · coupon · PKSTAN 6.875 27 · USD 51.6 million
- 10 SEP 27 · coupon · PKSTAN 7.9 36 · USD 49.4 million
Scheduled principal by year
Scheduled principal repayments for the listed bonds.
| Year | Principal |
|---|---|
| 2027 | USD 1,500 million |
| 2031 | USD 1,000 million |
| 2032 | USD 1,750 million |
| 2036 | USD 1,250 million |
Credit ratings & history
Credit ratings
- President of the Islamic Republic of Pakistan for and on behalf of the Islamic Republic of Pakistan · Fitch · Long-term issuer · Global
Rating: B- · Recorded 25 MAY 26 · Rating source
Outlook: Stable · Recorded 25 MAY 26 · Outlook source - President of the Islamic Republic of Pakistan for and on behalf of the Islamic Republic of Pakistan · Moody’s · Long-term issuer · Global
Rating: B3 · Action 24 AUG 26 · Rating source
Outlook: Stable · Action 24 AUG 26 · Outlook source - President of the Islamic Republic of Pakistan for and on behalf of the Islamic Republic of Pakistan · S&P · Long-term issuer · Global
Rating: B · Action 22 JUL 26 · Rating source
Outlook: Stable · Action 22 JUL 26 · Outlook source
Rating & credit history
- 24 AUG 26 · President of the Islamic Republic of Pakistan for and on behalf of the Islamic Republic of Pakistan · Moody’s · Upgrade · Caa1 → B3 · Outlook stable · Long-term issuer · Global · Agency source
- 22 JUL 26 · President of the Islamic Republic of Pakistan for and on behalf of the Islamic Republic of Pakistan · S&P · Upgrade · B- → B · Outlook stable · Long-term issuer · Global · Agency source
History may be incomplete. “Recorded” dates indicate when we saved the rating.