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Pakistan to tap China debt market with first sale of yuan-priced ‘panda bonds’

Posted on May 12, 2026
By South China Morning Post
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1 min read

Pakistan to tap China debt market with first sale of yuan-priced ‘panda bonds’

Islamabad turns to ‘panda bonds’ to secure cheaper credit and diversify its borrowing into yuan-denominated funding, with a focus on sustainable development.