Govt invites bids from financiers as it eyes more borrowing

• Seeks proposals from global consortiums to act as underwriters, lead managers, book runners • Selection based on lowest yield, cost, coupon • Timing of future issuances tied to market conditions ISLAMABAD: A day after raising $750 million through a Eurobond at an interest rate of 6.975 per cent for three years, the government on Tuesday invited bids from international consortiums to act as underwriters, lead managers and book runners for future transactions in global capital markets over th...

By none@none.com (Khaleeq Kiani)