Finance Minister Mohamed Uranzib said, adding that the country will launch the bond bond before the end of the year, that Pakistan has submitted a request to China to increase the current swap line by 10 billion yuan ($ 1.4 billion). Uranzip told Reuters in an interview on the sidelines of the International Monetary Fund … Read more
Islamabad: Pakistan is set to issue panda bonds by June 2025 with the aim of raising nearly $200 million in investments from Chinese investors, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb said on Sunday. In an interview with TVB News in Hong Kong, he explained that the bonds were part of Pakistan’s broader … Read more
Pakistan is preparing to issue yuan-denominated bonds for the first time this year to support public finances, Finance Minister Muhammad Aurangzeb said, while the government remains optimistic about meeting the conditions of an IMF bailout loan. The South Asian country plans to raise $200 million to $250 million from Chinese investors over the next six … Read more