Pakistan Plans Return to Global Bond Market After Four-Year Gap

Pakistan plans to return to the global bond market after four years, underscoring its progress in economic stabilization after coming close to a default just a few years ago.

The South Asian nation will issue a proposal for advisers in the coming weeks, said Finance Minister Muhammad Aurangzeb. It’s still assessing whether to issue a dollar, euro or sukuk bond. The government is preparing its first-ever panda bond within weeks.