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FM unveils plan to raise $200m via Panda bonds in China

Summary by The Express Tribune

Finance Minister Muhammad Aurangzeb hinted that Pakistan may issue Panda Bonds in Yuan this year to tap into China's extensive capital market. Speaking in an interview with China’s CGTN during the Boao Forum for Asia, Aurangzeb said Pakistan was ready to engage the Chinese interbank bond market after previously issuing debt only in Western markets. “I have been advocating and I am very keen that Pakistan… go for an inaugural Panda bond,” he said…

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Pakistan FM Aurangzeb hints at issuing Panda bonds in yuan to tap into China’s extensive capital market

Muhammad Aurangzeb said Pakistan is ready to engage the Chinese interbank bond market after previously issuing debt only in Western markets, according to a media report

4 days ago·India

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The Express Tribune

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FM unveils plan to raise $200m via Panda bonds in China

4 days ago·Pakistan

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Islamabad Post

Pakistan to launch Panda Bonds this year, says FinMin - Islamabad Post

ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb said that Pakistan planned to issue Panda Bonds in Yuan this year to access China’s vast and deep capital market. In an interview with Chinese media outlets, including CGTN English and China Daily, the finance minister said on Wednesday that Pakistan had previously issued bonds in US dollars and Euros, and now is the time to benefit from the Chinese capital market. The issuance of Panda …

3 days ago

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Minute Mirror

Pakistan to consider issuing $200 million Panda bond in China this year

Pakistani Finance Minister Muhammad Aurangzeb hinted at the launch of Panda Bonds of $200 million in the Chinese Yuan by the end of this year and tapping China’s huge capital market. In interviews with Chinese outlets, such as CGTN English and China Daily, the finance minister pointed toward Pakistan’s initial bond issuances in US dollars and Euros as an example to follow and commented that the need is now coming to tap the capital market of Chi…

4 days ago

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NewsDrum

Pak FM Aurangzeb hints at issuing Panda bonds to tap into China’s extensive capital market

Islamabad, Mar 27 (PTI) Pakistan Finance Minister Muhammad Aurangzeb hinted that the debt-ridden country may issue Panda bonds in yuan this year to tap into China’s extensive capital market, according to a media report. Speaking in an interview with China’s CGTN during the Boao Forum for Asia, Aurangzeb said Pakistan was ready to engage the Chinese interbank bond market after previously issuing debt only in Western markets, The Express Tribune n…

4 days ago

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thedailycpec.com

Pakistan to issue first Panda Bond in China this year, FinMin

Pakistan to issue first Panda Bond in China this year, FinMin Muhammad Aurangzeb stated as he highlighted key areas for cooperation with China;. Pakistan’s Finance Minister, Muhammad Aurangzeb, has announced plans to issue the country’s first-ever Panda Bond in the Chinese market within this calendar year. In an interview, the minister expressed strong support for Pakistan’s entry into China’s vast and dynamic capital market, noting that while t…

5 days ago

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