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Pakistan Wins Panda Bond Award, Plans More Debt Issues in China

Pakistan has won an international award for its CNY1.75 billion Sustainable Panda Bond, worth approximately $258 million. Finance Minister Muhammad Aurangzeb said the country intends to return to China’s capital market with further debt issues. The country received the Pioneer Sustainable Sovereign Panda Bond Issuer Award at the 2026 APAC

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