Pakistan, Sept. 3 -- Pakistan has raised $3 billion through its largest-ever single international bond transaction. The Ministry of Finance announced the landmark deal on Thursday. The dual-tranche Eurobond attracted nearly $6 billion in investor orders. The demand was almost twice the amount offered by Pakistan. Institutional investors from global markets showed strong interest in the issuance. The ministry said the response reflected renewed confidence in Pakistan's economic outlook.

Read More: Pakistan starts process for $2bn Eurobond

The bond consists of two separate maturities with different interest rates. Pakistan raised $1.75 billion through a 5.5-year Eurobond. The bond carries a coupon rate of 7.5 percent. Meanwhile, investors...