Channel NewsAsia
International · 21 mins ago
✦ 75◉ Factual
Pakistan to issue first 'Panda bond' next week, finance minister says
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Accuracy 75/100
Partisan intensity 15/100
ObjectivePartisan
Low partisan intensity — consistent with factual reporting✓ Fair headline
Pakistan's finance minister announced that the country will issue its first 'Panda bond' in Chinese currency next week, marking Pakistan's entry into the Chinese bond market. Panda bonds are offshore bonds denominated in Chinese yuan issued by foreign entities in China.
Pakistan to issue first 'Panda bond' next week, finance minister says
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