What type of bond did Pakistan issue for the first time in a Chinese capital market in 2026, aiding its diversification of financing?
A
Sukuk bond
B
Green bond
C
Samurai bond
D
Panda bond
Correct Answer: Option D — Panda bond
Explanation:
Pakistan's inaugural issuance of Panda bonds in May 2026 marked a technological and financial milestone in its capital markets diversification strategy, alongside a successful April 2026 Eurobond issuance.