US EditionPakistan Eyes January Panda Bond Debut
Pakistan aims to raise $250 million in its first Panda Bond to support debt sustainability and diversify funding under a $1 billion program, officials said.
- Pakistan plans to issue the inaugural Panda Bond tranche in January to raise $250 million, Finance Minister Muhammad Aurangzeb said after chairing a December 19 meeting at the Finance Division, Islamabad.
- The programme is envisaged at approximately $1 billion and officials described it as `a structured and programmatic financing strategy` to support medium-term debt sustainability and diversification of funding sources.
- Approvals from multilateral partners have been secured and engagement with Chinese institutional investors has been constructive, while Chinese regulatory approvals are expected soon, officials said.
- Aurangzeb expressed satisfaction with progress and reaffirmed the government’s commitment to prudent, market-based financing as the ministry said investor interest reflected strengthening confidence in Pakistan's macroeconomic stabilisation, policy and reform framework, and positive medium-term outlook.
- Preparatory work for Panda Series II is already underway, and earlier this year Finance Minister Muhammad Aurangzeb told a Hong Kong news channel `Pakistan plans to raise approximately $200 million from Chinese investors through the issuance of the Panda Bond`.
10 Articles
10 Articles
Pakistan eyes January Panda Bond debut
Minister for Finance and Revenue Senator Muhammad Aurangzeb reviewed progress on Pakistan’s inaugural Panda Bond issuance under a planned $1 billion programme aimed at diversifying funding sources and supporting debt sustainability. He was briefed by officials of the Ministry of Finance’s Debt Management Office on regulatory approvals, investor outreach and market readiness, as Pakistan prepares to enter China’s onshore bond market with the firs…
Geo News
Pakistan plans issuing inaugural $250m Panda Bond tranche in January
Chinese regulatory approvals expected soon: ministryMinistry says issuance part of $1bn Panda Bond Programme.Preparation underway for issuing Panda Series II: ministry.Pakistan is planning to issue the inaugural Panda Bond tranche in January,...
Pakistan advances toward USD 250Million Panda Bond Series I as Inaugural Issuance - Global News Pakistan
Islamabad :- Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting at the Finance Division to review progress on Pakistan’s inaugural Panda Bond issuance. The Finance Minister was briefed by the Ministry of Finance’s Debt Management Office team, along with senior officers of the Finance Division, on the status of approvals, investor engagement, and regulatory processes. The meeting noted that approvals from m…
Pakistan targets January for inaugural panda bond tranche, finance ministry says
Pakistan is targeting January to issue its first panda bond tranche, part of a planned programme of up to US$1 billion, the finance ministry said on Friday, as Islamabad seeks to diversify funding sources and tap China's onshore debt market.
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