Pakistan, Sept. 13 -- Pakistan is preparing to issue its first Panda bonds before December 2025, aiming to raise $250 million through yuan-denominated debt. The bonds will be placed privately on China's national interbank market and made available to qualified institutional investors. This marks Pakistan's entry into the Chinese bond market for the first time.Pakistan travel packages
The Panda bond will carry a tentative coupon rate between 3% and 4% per annum and will have a three-year term. The transaction is being handled by a consortium of financial advisers and underwriters, including China International Capital Corporation Ltd. and Habib Bank Ltd. This move is part of Pakistan's broader effort to diversify its financing sources.
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