Saturday, July 12, 2025
-Advertisement-

Pakistan Receives Bids from Chinese Firms for First Panda Bonds Issuance

- Advertisement -

Pakistan has received five bids from Chinese firms to assist in its debut issuance of Panda bonds, according to a Bloomberg report. Panda bonds are debt securities issued in China and denominated in Chinese yuan (RMB), aimed at accessing capital from Chinese investors.

The report states that by the proposal deadline, the government had received three offers from law firms and two from credit rating agencies. Additionally, two local firms expressed interest in serving as domestic legal counsels for the bond issuance.

- Advertisement -

The finance ministry is currently reviewing these proposals before making a final decision. Finance Minister Muhammad Aurangzeb, in March, announced plans to raise up to $300 million through Panda bonds this year, aiming to diversify funding sources and tap into the Chinese investment market. He noted that this approach should have been considered earlier.

- Advertisement -

Stay updated with the latest and breaking news directly on your mobile phone by joining Headline PK's WhatsApp group!

 

 

Latest stories

-Advertisement-

Highlights of the Week
Related

inDrive Reports 57% Surge in Courier Partners in Pakistan Amid Push for Fair Earnings and Flexibility

inDrive, the global mobility and urban services platform, has...

NEPRA Slashes K-Electric Tariffs by Rs4.03, DISCOs by 50 Paisa

The National Electric Power Regulatory Authority (NEPRA) has greenlit...

Pakistan’s Remittances Soar to $38.3 Billion, PM Shehbaz Sharif Hails Overseas Pakistanis

Prime Minister Shehbaz Sharif expressed his satisfaction with the...

Events to check out this July in Dubai

Summer in Dubai isn’t just about beating the heat,...
-Advertisement-
Join our Whatsapp Group for Exclusive News!
Join our Whatsapp Group for Exclusive News!