‘Ctrl+C, Ctrl+V’: Pakistan govt gets trolled for posting draft release on junk bond sale
The Pakistani finance ministry on Thursday posted on X saying it had raised a record $3 billion from a junk bond sale.
Pakistan's government faced ridicule for posting a draft release on social media regarding a $3 billion junk bond sale. The draft release's opening line read: "Not for release, publication or distribution in, or, into, the United States, Australia, Canada or Japan." This caught the attention of social media users who pointed out the typo, quipping "Ctrl+C, Ctrl+V."
Pakistan's finance ministry had shared the update in an attempt to secure credit rating upgrades for the struggling economy. The $3 billion sale, which included $1.75 billion of five-year debt and $1.25 billion of 10-year notes, attracted almost $6 billion in orders. The finance ministry stated that the sale was part of a broader strategy to diversify financing sources and reduce refinancing risks.
Written by urgent.news from Hindustan Times - World News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.