Results for: Panda Bonds

Pakistan has received five proposals from Chinese firms to help in issuing Panda Bonds, a move aimed at diversifying funding sources and bolstering foreign exchange reserves. The country plans to raise between $250-$300 million initially, seeking to improve financial stability amid challenges like high inflation and declining forex reserves.

Pakistan is seeking to issue Panda Bonds in China to raise $250-$300 million, hoping to attract Chinese institutional investors and bolster its dwindling foreign exchange reserves amid a severe economic crisis marked by high inflation and significant debt obligations.