Shahid Afridi smacking the Peshawar Panthars



Faysal Bank T20 Tournament 2007

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Pakistan set to issue first-ever $200m panda bonds in June Pakistan plans to issue its first-ever panda bonds in June 2025, marking a significant step toward strengthening its financial relationship with China. The yuan-denominated bonds, to be issued in China’s capital markets, aim to raise $200 million, diversify Pakistan’s foreign exchange exposure, and attract Chinese investors.  “We just want to make sure that we are also present in the second largest and second deepest capital market in the world,” Finance Minister Muhammad Aurangzeb said this while speaking to Hong Kong-based TVB news channel. He hoped the new “export-led” model would help buoy his country’s economy, it reported. The bonds come as Pakistan celebrates its 75th anniversary of diplomatic relations with China. Panda bonds, typically issued by non-Chinese entities to tap into China’s investor base, are expected to complement Pakistan’s efforts to reduce its reliance on the US dollar while creating new avenues fo...
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