Pakistan is currently hosting a non-deal investor roadshow in Beijing to promote its first-ever Pakistan Panda Bond — a yuan-denominated bond targeting $200–300 million in funding from Chinese investors. Running from July 7 to 11, 2025, the event brings together Ministry of Finance officials, Chinese financial institutions, underwriters, and the Chinese Rating Agency to discuss Pakistan’s macroeconomic trajectory and its debt restructuring plans. X posts indicate that early meetings have been met with strong investor enthusiasm, underscoring faith in Pakistan’s reform momentum.
The Pakistan Panda Bond, expected to be backed by credit guarantees from institutions such as the Asian Infrastructure Investment Bank (AIIB), is a strategic move to broaden Pakistan’s funding channels and reduce reliance on dollar borrowing. Finance Minister Muhammad Aurangzeb has stressed the importance of integrating Pakistan more deeply into China’s capital markets. This aligns with the goals of the second phase of CPEC, focused on industrial zones and boosting exports. Pakistan is also seeking to expand its yuan swap line with China by an additional 10 billion yuan to reinforce its external account.
With improved security frameworks in place to protect Chinese investors and enterprises, the Pakistan Panda Bond roadshow reflects a shift toward diversified, long-term financial partnerships. It also signals a renewed push to position Pakistan as a stable and attractive destination for cross-border investment.
Published in SouthAsianDesk, July 10th, 2025
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