"
ISLAMABAD:
Federal Finance Minister Muhammad Aurangzeb announced on Friday that Pakistan will introduce Panda bonds worth $300 million into the Chinese market this year.
According to details, the finance minister stated that Pakistan will enter the Chinese markets for bond sales for the first time. Initially, bonds worth between $250 to $300 million will…
"
ISLAMABAD:
Federal Minister for Finance and Revenue Muhammad Aurangzeb said on Friday that he was keen to tap Chinese investors by selling as much as $300 million in Panda bonds for the first time ever this year.
In an interview with Bloomberg on Friday, the minister said, selling Yuan-denominated debt would allow Pakistan to diversify its…
"
Pakistan has decided to sell $300 Panda bonds in Chinese markets, announced Finance Minister Muhammad Aurangzeb in an interview with Bloomberg on Friday.
China has the “second-largest and deepest bond market in the world” and it is the “right thing to do for the country” to tap the market, given Pakistan has already sold…