Pakistan to raise $250 million through yuan-denominated bonds amid push to diversify funding

ISLAMABAD: Pakistan plans to raise $250 million through its first-ever yuan-denominated Panda bonds by the end of 2025, Pakistani state media reported on Sunday, amid Islamabad’s efforts to diversify funding sources and strengthen macroeconomic resilience. Islamabad is being advised on the issuance of Panda bonds by the China International Capital Corporation, a partially state-owned financial services company. However, the latest figure shared in Jan. is lower than the $300 million targeted by Pakistan last year.

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