Pakistan plans debut panda bond sale in China

3 articles · Updated · Bloomberg · May 8

The proposed three-year sustainable development issue could raise up to 1.75 billion yuan, with pricing possible as soon as next week.
People familiar with the matter said the Asian Infrastructure Investment Bank and Asian Development Bank would jointly guarantee 95% of the bonds.
The sale would tap China’s onshore market for yuan funding, though terms remain under discussion and could still change.

After years of delays over project disputes, can Pakistan's landmark panda bond finally move from ambition to reality?

Is Pakistan's cheaper yuan debt a smart financial move or a risky step into deeper reliance on China?