Pakistan to issue Panda Bonds by June 2025

MG News | January 19, 2025 at 02:11 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

January 19, 2025 (MLN): Pakistan intends to tap into China’s capital markets by June 2025 through the issuance of Panda Bonds, Finance Minister Muhammad Aurangzeb revealed during an interview with Hong Kong’s TVB News.

Through this bond issuance, the country aims to raise approximately $200 million from Chinese investors, the minister stated.

The government is focused on transitioning the economy towards export-led growth to achieve sustainability in the balance of payments, he added.

Highlighting the importance of the China-Pakistan Economic Corridor Phase 2 (CPEC 2.0), the minister noted that the next phase will attract more Chinese companies and investments to Pakistan.

“We are committed to enhancing financial cooperation with Hong Kong,” Aurangzeb said, inviting Hong Kong to send delegations to explore trade and financial opportunities in Pakistan.

The finance minister also remarked that Hong Kong could serve as an ideal hub for joint ventures between Chinese and Pakistani companies, fostering stronger economic ties.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,511.86 278.75M	0.98% 1646.82
ALLSHR	103,203.80 682.99M	0.89% 908.76
KSE30	50,839.23 100.13M	1.18% 592.12
KMI30	243,245.60 147.66M	1.61% 3852.07
KMIALLSHR	66,892.15 407.33M	1.15% 757.54
BKTi	47,509.55 28.38M	0.77% 361.93
OGTi	34,789.19 8.38M	1.60% 547.02

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,870.00	77,905.00 76,375.00	440.00 0.57%
BRENT CRUDE	107.77	108.49 106.11	3.16 3.02%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	3.40 2.69%
ROTTERDAM COAL MONTHLY	140.00	0.00 0.00	0.95 0.68%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	103.05	103.60 101.59	3.00 3.00%
SUGAR #11 WORLD	18.15	0.00 0.00	0.00 0.00%