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Pakistan to tap China debt market with first sale of yuan-priced ‘panda bonds’
Islamabad turns to ‘panda bonds’ to secure cheaper credit and diversify its borrowing into yuan-denominated funding, with a focus on sustainable development.
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scmp.com
Pakistan to tap China debt market with first sale of yuan-priced ‘panda bonds’
Islamabad turns to ‘panda bonds’ to secure cheaper credit and diversify its borrowing into yuan-denominated funding, with a focus on sustainable development.
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dawn.com
Pakistan raises $250m equivalent in inaugural Panda bond issuance
The Panda bond is a three-year fixed-rate instrument, making it Pakistan’s first-ever renminbi (RMB)-denominated sovereign issuance in China’s onshore capital market.
