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Pakistan to issue $300 million Panda Bonds, Finance Minister

Federal Finance Minister Muhammad Aurangzeb says that Pakistan will issue 300 million dollar Panda Bonds in the Chinese market this year. The Finance Minister said that the cash balance is good, the government will pay all the debts on time, and the value of the rupee will remain stable.

He added that Pakistan will sell panda bonds in the Chinese bond market for the first time. For the global magazine Bloomberg, the government of Pakistan will initially sell panda bonds worth 25 to 300 million dollars to obtain funding from the Chinese bond market. will start, which will be expanded later.

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