Pakistan has taken a big step toward launching its first-ever Panda Bond by starting a series of investor meetings in China. A team from the Ministry of Finance is currently in Beijing from July 7 to 11, where they are meeting with potential investors, underwriters, Chinese legal experts, and credit agencies.

This initiative, known as a Non-Deal Roadshow (NDR), is aimed at building investor confidence ahead of the formal bond issuance. The meetings focus on Pakistan’s economic reforms, debt management plans, and the structure of the upcoming Panda Bond.

Ministry of Finance officials provided updates on Pakistan’s financial progress and held technical discussions on regulations, credit guarantees, and the rollout of the bond. The team has received a strong response, with Chinese investors showing keen interest in Pakistan’s plans.

The move shows Pakistan’s commitment to exploring new funding options by entering China’s domestic bond market. Once Pakistan completes all legal and regulatory requirements and receives credit guarantees from multilateral development partners, the government plans to officially launch the bond later this year officially.

This Panda Bond marks a key milestone in Pakistan’s efforts to broaden its investor base and secure financing through local currency instruments. It’s also a sign that the country is becoming more confident and proactive in how it engages with global markets.

With this step, Pakistan is not just raising funds—it’s sending a clear message: the country is open for business, reforming its economy, and ready to build strong ties with international investors.

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