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The coupon rate of Eurobonds issued on 25 September 2015 is___________%?

A7.75%
B8.0%
C8.25%
D8.50%

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Answer and explanation

Correct Answer: C: 8.25%

Explanation: The correct answer is C: 8.25%. The coupon rate of Pakistan's Eurobonds issued on 25 September 2015 was 8.25% per annum. A coupon rate is the annual interest paid on the bond's face value and represents Pakistan's cost of borrowing from international markets.

The coupon rate of Eurobonds issued on 25 September 2015 is________...