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Pakistan’s First Panda Bond Issuance Marks Historic Milestone: Finance Minister

Islamabad: Minister for Finance, Muhammad Aurangzeb, has celebrated the successful issuance of Pakistan's first Panda Bond as a historic achievement in the country's economic and financial history. In a statement, Aurangzeb emphasized the significance of this development, highlighting that the Panda Bond has garnered substantial appreciation from global investors. This positive reception, he noted, is indicative of the growing international confidence in Pakistan's economic transformation, ongoing reform process, and sovereign financial credibility.

According to Radio Pakistan, the Finance Minister described the successful issuance of the Panda Bond as a testament to Pakistan's robust return to international financial markets. He expressed that this event marks the beginning of a new chapter in global economic and financial relations for the country. Muhammad Aurangzeb further elaborated that the Panda Bond issuance is a crucial milestone in Pakistan's economic journey, reinforcing the nation's standing in global financial markets. This achievement is expected to open up new avenues for international investment and financial cooperation in the future.

Aurangzeb also remarked on the pace of reforms undertaken by Pakistan, which has attracted the attention of global investors. He stated that the success of the Panda Bond issuance serves as clear evidence of the international community's confidence in the government's economic policies.