{"id":30379,"date":"2024-03-22T18:02:28","date_gmt":"2024-03-22T13:02:28","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=30379"},"modified":"2024-03-22T18:02:28","modified_gmt":"2024-03-22T13:02:28","slug":"pakistan-to-sell-300-million-panda-bonds-in-chinese-market","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/pakistan-to-sell-300-million-panda-bonds-in-chinese-market\/","title":{"rendered":"Pakistan to sell $300 million Panda bonds in Chinese market"},"content":{"rendered":"<p>ISLAMABAD: Pakistan Plans to Issue $300 Million Panda Bonds in Chinese Market, Confirms Finance Minister Muhammad Aurangzeb in an interview with Bloomberg.<\/p>\n<p>Aurangzeb highlighted the significance of tapping into China&#8217;s bond market, the second-largest globally, given Pakistan&#8217;s previous successful bond sales in dollars and euros.<\/p>\n<p>The initial Panda bond sale is expected to range between $250 million to $300 million, with further issuances to follow.<\/p>\n<p>Appointed by Prime Minister Shehbaz Sharif in March, Aurangzeb faces the challenge of managing the country&#8217;s economic woes, including high inflation and significant external debt payments.<\/p>\n<p><em><strong>Read more:\u00a0<a href=\"https:\/\/dailyausaf.com\/en\/business\/sbp-reminds-citizens-to-encash-withdrawn-prize-bonds-by-june-30\/\">SBP reminds citizens to encash withdrawn prize bonds by June 30<\/a><\/strong><\/em><\/p>\n<p>However, he reassured that Pakistan&#8217;s strong cash balances would allow it to meet debt obligations on time without putting pressure on the currency, expressing confidence in the stability of the Pakistani rupee.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Pakistan Plans to Issue $300 Million Panda Bonds in Chinese Market, Confirms Finance Minister Muhammad Aurangzeb in an interview with Bloomberg. Aurangzeb highlighted the significance of tapping into China&#8217;s bond market, the second-largest globally, given Pakistan&#8217;s previous successful bond sales in dollars and euros. The initial Panda bond sale is expected to range between [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":30380,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[8719,6878,12102,13701],"class_list":["post-30379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-bloomberg","tag-pakistan-economy","tag-muhammad-aurangzeb","tag-panda-bonds"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/30379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=30379"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/30379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/30380"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=30379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=30379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=30379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}