Pakistan Plans $1 Billion Panda Bond Issuance in Three Phases Islamabad — Pakistan is set to issue Panda Bonds totaling $1 billion over three phases between the current fiscal year and 2028, finance ministry sources confirmed. In the first phase, Panda Bonds worth $250 million will be launched, while the remaining $750 million will be […]
According to sources, the decision to issue green bonds is part of the government’s efforts to secure the first tranche of Resilience and Sustainability funds. Sources within the Finance Ministry revealed that the decision was made in consultation with the International Monetary Fund (IMF), and the funds raised will be used for climate change projects. […]
According to sources, arrangements for the launch of digital prize bonds have been completed including the development of a state-of-the-art mobile application for the issuance of these bonds. The Pakistan government has planned to issue bonds in denominations of Rs500, Rs1000, Rs5000, and Rs10,000. Digital prize bonds will be available to National Savings account holders, […]
A trader at a commercial bank noted, “We anticipate the shilling will remain steady in the near term, supported by these factors, until the outcome of the infrastructure bond auction is known. Such bonds typically draw significant foreign investor interest, which could further influence the currency’s performance.” Infrastructure bonds in Kenya are often sought after […]
It could chance to win prizes, including a grand prize of Rs700,000, plus several 2nd and 3rd prizes, this is an opportunity you don’t want to miss. The 47th balloting of the Rs100 prize bond will be held in Karachi on August 15, 2024 (Thursday). 1st Prize: 700,000 rupees for 1 winner 2nd Prize: 200,000 […]
