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HomeBusinessPakistan discusses further panda bond issuances with China under $1 billion program

Pakistan discusses further panda bond issuances with China under $1 billion program

KARACHI: Pakistan’s Finance Minister Muhammad Aurangzeb this week met his Chinese counterpart in Bangkok during which the two sides discussed Islamabad’s plans for further panda bond issuances under the approved RMB 7. 2 billion [$1 billion] program, the Finance Division said. Pakistan issued its first panda bond worth 1. 75 billion yuan ($261 million) in May as part of a broader 7. 2 billion yuan program, with partial guarantees from the Asian Development Bank (ADB) and Asian Infrastructure Inv

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