Pakistan, Sept. 4 -- Pakistan has successfully raised $3 billion through a landmark dual-tranche Eurobond transaction, the largest-ever international bond issuance by the country in a single transaction, the Ministry of Finance said on Thursday.

The transaction attracted nearly $6bn in orders, almost twice the amount issued, from a broad and diversified base of institutional investors across global markets and continents.

The offering comprises $1.75bn through a 5.5-year Eurobond carrying a coupon of 7.5% and $1.25bn through a 10-year Eurobond at 7.9%.

The ministry said strong demand across both maturities, particularly for the 10-year tenor, demonstrated Pakistan's ability to mobilise sizeable longer-term financing as international in...