Sino-File

Grin and bear it

“We have never issued a Panda bond before, I am interested in doing so”

Miftah-Ismail-w

Miftah Ismail

Miftah Ismail tells the Financial Times that Pakistan may issue a bond worth the equivalent of $1 billion in China’s onshore bond market. Described by the FT as Karachi’s “de facto finance minister”, Ismail’s proposal is a potential response to Pakistan’s dwindling foreign exchange reserves, which amount to just $11.4 billion.


© ChinTell Ltd. All rights reserved.

Sponsored by HSBC.

The Week in China website and the weekly magazine publications are owned and maintained by ChinTell Limited, Hong Kong. Neither HSBC nor any member of the HSBC group of companies ("HSBC") endorses the contents and/or is involved in selecting, creating or editing the contents of the Week in China website or the Week in China magazine. The views expressed in these publications are solely the views of ChinTell Limited and do not necessarily reflect the views or investment ideas of HSBC. No responsibility will therefore be assumed by HSBC for the contents of these publications or for the errors or omissions therein.