Pakistan successfully issued $2 billion worth of Eurobonds last week, joining the growing list of countries benefitting from the increasing risk appetite among investors in the United States and Europe.

Pakistan marked its return to international bond markets after a seven-year hiatus by successfully issuing two tranches of bonds: one with five-year terms at a yield of 7.35%; and another with ten-year terms at a yield of 8.25%.

Côte d’Ivoire, meanwhile, is planning to sell $500 million of