Morning News: Pakistan to launch first Panda bond in China – By Vector Research
- Pakistan is preparing to launch its first-ever Panda bond in China’s capital market, Finance Minister Senator Muhammad Aurangzeb said on Tuesday, calling the move a landmark step to deepen financial and economic ties with Beijing and broaden the country’s external financing base. (The News)
- Pakistan on Tuesday launched its first private-capital-funded Pakistan Skills Impact Bond (PSIB), backed by a guarantee from the Ministry of Finance, to operationalize a Rs1 billion pilot tranche under a three-year instrument aimed at financing a scalable technical skills development program. (ET)