Pakistan issued on Thursday its first Panda Bond in China’s onshore capital market, Advisor to the Finance Minister Khurram Schehzad announced. “The inaugural Panda Bond is a 3-year fixed-rate instrument, making it Pakistan’s first-ever RMB-denominated sovereign issuance in China’s onshore capital market,” Schehzad wrote in a post on X. “The landmark Panda Bond issuance of […]