April 23, 2025 (MLN): Pakistan is moving forward with its plans to issue its first-ever Panda Bond, as confirmed by Finance Minister Senator Muhammad Aurangzeb during his meeting with Moody’s commercial team in Washington, D.C.

The Minister shared updates on the initiative, which aims to raise funds through Chinese capital markets, marking a significant step in Pakistan’s efforts to diversify its funding sources and attract global investors.

He highlighted Pakistan’s improving economic fundamentals, including a stable exchange rate, resilient foreign reserves, and fiscal discipline, as key enablers for the bond issuance.

Both parties expressed interest in further collaboration, with Moody’s showing openness to continued dialogue on the structure and timing of the Panda Bond.

The Panda Bond will be aligned with Sustainable Development Goals (SDGs) and is expected to support climate-friendly and infrastructure-linked projects in Pakistan.

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Posted on: 2025-04-23T11:30:02+05:00