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Pakistan wins international award for Panda Bond, plans further China-market issues
Pakistan has won an international award for its CNY1.75 billion ($258 million) Sustainable Panda Bond, with Finance Minister Muhammad Aurangzeb saying the country plans to return to China’s capital market with further debt issues. Pakistan won the Pioneer Sustainable Sovereign Panda Bond Issuer Award at the 2026 APAC Climate Bonds Awards. “The 3-year bond at 2.5% attracted 5x+ demand — opening a new pool of global capital, diversifying sovereign financing and strengthening Pakistan-China financial ties,” Adviser to the Finance Minister, Khurram Schehzad, said in a post on a social media platfo...
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