Aurangzeb discusses Sukuk, Panda bonds with Standard Chartered
Finance Minister Muhammad Aurangzeb has discussed potential Sukuk issuance, further Panda bonds and other financing options with Standard Chartered Bank (SCB) to support Pakistan’s external financing needs and infrastructure investment. The meeting, held on the sidelines of the World Bank Group-IMF Annual Meetings 2026 in Bangkok, Thailand, also covered reserve management, refinery upgrades and…
Finance Minister Muhammad Aurangzeb engaged in discussions with Standard Chartered Bank (SCB) regarding potential Sukuk issuance, Panda bonds, and other financing options to address Pakistan's external financing needs and infrastructure investment. The meeting took place during the World Bank Group-IMF Annual Meetings 2026 in Bangkok, Thailand, with the State Bank of Pakistan Governor present.
Aurangzeb expressed gratitude for SCB's assistance in bridging Pakistan's external financing gaps and facilitating the country's return to international capital markets. They also explored refinery upgrades and tokenization initiatives, as well as gold-backed liquidity arrangements and energy-price hedging. The discussions encompassed prospective Sukuk, rupee-denominated and dollar-settled bonds, additional Panda bonds, and multilateral guarantees for infrastructure projects such as power transmission, railways, and roads.
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