(A) FBR
(B) ARMY
(C) WAPDA
(D) NAB
Correct Answer is: C
WAPDA successfully raised $500 million from the international markets at 7.5, completing a landmark deal not just for Pakistan’s power sector, but also the country’s first green bond issuance.
The launch of the bond attracted a number of international investors, who offered Wapda investments worth $3 billion i.e. six times more than the amount needed to be raised. WAPDA issued Green Eurobond to raise $500 million for financing of Diamar Bhasha and Mohmand Dam.