Pakistan to issue yuan-denominated panda bonds in June

ISLAMABAD: Finance Minister Muhammad Aurangzeb has announced that Pakistan is set to issue yuan-denominated panda bonds by June, aiming to deepen the integration of its capital markets with China.

In an exclusive discussion with the South China Morning Post, he shared that Pakistan plans to secure $200–250 million from Chinese investors, stressing the vital importance of diversifying the country’s funding sources.CDNS achieves Rs 700 billion savings target by first half of FY, 2024-25

He also reaffirmed Pakistan’s commitment to strengthening collaboration with Beijing in the upcoming phase of the China–Pakistan Economic Corridor (CPEC).