Pakistan Repays $1 Billion Bond, Seeks New IMF Deal

• Pakistan repays $1 billion Eurobond maturing this month, says central bank • Payment made to agent bank for distribution to bond holders • Pakistan seeking long-term bailout from IMF, finance minister to attend IMF-World Bank meeting • Previous $3 billion IMF standby arrangement expired, final tranche of $1.1 billion expected • Pakistan in discussions with IMF for potential follow-up programme