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ADB decides to issue $20 million bonds to Pakistan

The Asian Development Bank (ADB) will issue bonds worth a total of $20 million dollars to Pakistan for its betterment.

The purpose of issuing bonds in Pakistani currency is to provide assistance in local currency operations, ADB said.

ADB

ISLAMABAD: The Asian Development Bank (ADB) will issue bonds worth a total of 200 million in Pakistani currency for Pakistan.

The Asian Development Bank (ADB) said in a tweet on its social networking site Twitter that Pakistan had approved the ADB to issue bonds worth a total of Rupees 200 million in Pakistani currency.

ADB says the issuance of bonds in Pakistani currency is aimed at providing support to local currency operations.

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