Pakistan is preparing to raise about $ 750 million through commercial loans in the coming weeks and the issuance of its first Panda Bond, as a major debt repayment and government sex to secure public sex before the International Monetary Fund review.
According to a national daily, Islamabad is in talks with the consortium of the World Banks, including Deutsche Bank and Standard Chartered, so that the trade financing is safe from $ 300 million to $ 500 million. The move comes when the government is preparing to pay 500 million Million on the Euro Bound issue on September 30, 2025.
At the same time, Pakistan plans to release its opening Panda Bond worth $ 250 million in Chinese Renminby in November. The bond, which is kept private in China’s interbank bond market, will have the support of the Asian Development Bank and the Asian Infrastructure Investment Bank guarantees. The three -year affairs and a fixed rate have been formed with a coupon, it is expected to have a digit interest rate in the deal.
ADB and AIB are guaranteed, covering up to 95 % of the principal and interest of the bond, Pakistan is designed to help gain domestic AAA rating in China despite its sub -investment degree credit status. The guarantee cap is 5 285 million, which is divided by $ 160 million from ADB and AIIB to 125 million. Habib Bank Limited and China International Capital Corporation are among the advisers issued.
Fundraising efforts are with the arrival of the IMF mission in Karachi on September 25 to measure the State Bank of Pakistan, overseas investors Chamber of Commerce and Industry, and Pakistan Business Council officials. It is expected that the ongoing program will assess Islamabad’s financing plans and promises of reform.
Meanwhile, Prime Minister Shahbaz Sharif presided over a high -level meeting via video link from London, urging his cabinet to finalize the roadmap to increase investment and trade. He emphasized the capability of agricultural, IT, minerals, tourism and renewable energy in maintaining foreign capital, and directed the ministries to accelerate the ongoing projects while ensuring the participation of the private sector.