ISLAMABAD — Pakistan is preparing to repay approximately $1.3 billion in principal and interest on a maturing Eurobond in April 2026, ahead of upcoming negotiations with the International Monetary Fund (IMF) under the country’s $7 billion reform programme. Read More: Pakistan to return to Eurobond market in 2026 Officials said the IMF review mission is scheduled to arrive […]
Panda bonds
Pakistan, US discuss $10 million investment and economic reforms
Finance Minister Mohammad Aurangzeb met a high-level US delegation led by Deputy Assistant Secretary John Mark on Wednesday to discuss Pakistan’s economic reforms, investment climate, and progress in bilateral cooperation valued at Rs10 million. The meeting focused on Pakistan’s macroeconomic stability, fiscal reforms, and ongoing initiatives to boost investor confidence. Minister Aurangzeb highlighted reductions in […]
$250 million panda bonds delayed again as deadline missed
The government has postponed the issuance of $250 million worth of Panda Bonds for the fourth time this fiscal year, after the Finance Ministry failed to complete the required preparations on schedule. Originally planned for early February, the bond launch could not move forward due to incomplete documentation and pending approvals, although officials remain hopeful […]
Pakistan to return to Eurobond market in 2026
ISLAMABAD: Pakistan plans to issue Eurobonds in 2026, marking a return to global debt markets after nearly five years. Finance advisers said this move aims to diversify funding sources. The government also plans to issue Panda bonds and secure international financing. Adviser to the finance minister Khurram Schehzad confirmed the Eurobond plan but did not […]
Pakistan borrows Rs515 billion in first quarter
The government of Pakistan borrowed Rs515 billion during the first quarter (July–September) of the fiscal year 2025–26, marking a 41% increase from Rs363 billion borrowed in the same period last year, according to a report by the Ministry of Economic Affairs. The breakdown shows Rs198 billion borrowed in July, Rs192 billion in August, and Rs124 […]
Aurangzeb Highlights Reform Momentum
ISLAMABAD – Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb continued his fifth day of engagements in Washington, D.C., where he is attending the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group. During his meeting with World Bank President Ajay Banga, Aurangzeb discussed Pakistan’s flood recovery efforts and appreciated […]
Pakistan eyes $250M with first Panda bonds
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. The Panda bond will […]
Aurangzeb reveals plans for Panda bonds to enhance Pakistan-China economic links
Finance Minister Senator Muhammad Aurangzeb revealed that Pakistan is considering issuing Panda Bonds in Yuan this year. This move aims to tap into China’s vast capital market, offering new financial opportunities. In an interview with Chinese media outlets, including CGTN and China Daily, Aurangzeb explained that while Pakistan has previously issued bonds in US dollars […]