Pakistan, Sept. 2 -- Advisor to the Finance Minister Khurram Schehzad on Tuesday announced that Pakistan had launched the process for a US dollar benchmark dual-tranche Eurobond offering with five-year and 10-year tenors, subject to market conditions.

In a statement posted on his official X account, the advisor said the transaction marked another important step in Pakistan's renewed access to international capital markets, following successive sovereign credit-rating upgrades, stronger macroeconomic fundamentals and improved investor confidence.

He said the proposed offering, covering long five-year and 10-year maturities, reflected Pakistan's growing engagement with global investors and its efforts to rebuild a sustainable presence in ...