Pakistan deepens financing partnership with ChinaPublished on: July 26, 2026 2:00 AM
Pakistan, July 26 -- Pakistan's five-times-oversubscribed book, Kazakhstan's twin issues, Brazil's application, China Economic Net (CEN) reported.
This week, Indonesia moved from speculation to execution. The government successfully issued 7 billion yuan (around US$1.03 billion) in yuan-denominated Panda Bonds, marking its first entry into China's onshore bond market.
The offering received total orders of around 17 billion yuan, resulting in an over-subscription ratio of 2.4 times, reflecting strong appetite from investors in China's capital market.
The bonds were issued in two tranches: a three-year tranche worth 5.6 billion yuan and a five-year tranche worth 1.4 billion yuan. Finance Minister Purbaya Yudhi Sadewa said Jakarta could c...
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