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Reading: Pakistan Announces Launch Date Panda Bond Issuance
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Pakistan Panda Bonds
PhotoNews Pakistan > Business > Pakistan Announces Launch Date Panda Bond Issuance
Business

Pakistan Announces Launch Date Panda Bond Issuance

Web Desk
By Web Desk Published January 19, 2025 1 Min Read
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Pakistan plans to issue a Panda Bond by June 2025 to enhance its presence in China’s capital markets.

According to Finance Minister Muhammad Aurangzeb, it aims to raise approximately $200 million from Chinese investors.

During an interview with Hong Kong’s TVB News Channel, Aurangzeb highlighted bond issuance as a crucial component of Pakistan’s economic strategy, which focuses on transitioning towards export-led growth and achieving a more sustainable balance of payments. “The Panda Bond will enable Pakistan to diversify its funding sources and strengthen financial ties with China,” he explained.

The minister also emphasized the importance of the second phase of the China-Pakistan Economic Corridor (CPEC), projecting it as a gateway for more Chinese companies to enter Pakistan and unlock new investment opportunities.

Read: Pakistan to Issue Panda Bonds by June 2025 to Boost Economy

Aurangzeb extended an invitation to Hong Kong, urging trade delegations from the region to explore potential collaborations in finance and commerce. He pointed out that Hong Kong could act as a strategic hub for joint ventures between Chinese and Pakistani businesses, enhancing economic cooperation between the two nations.

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