· · 2 sources

Capital Market Development Council reviews corporate debt market reforms in Islamabad

The Capital Market Development Council met with Finance Minister Muhammad Aurangzeb in Islamabad on Friday to review progress on debt market reforms.

CMDC reviews progress on debt market reforms
File photo CMDC reviews progress on debt market reforms Photo: Associated Press of Pakistan

Corporate debt issuance figures

Officials reported that corporate debt issuances totaled Rs 291 billion between January and September 2026. This amount follows the Rs 326 billion raised throughout all of 2025, which represented a thirty percent increase over 2024 levels.

New Shariah-compliant Sukuk programme

The council examined a proposed initiative by the National Grid Company of Pakistan Limited for up to Rs 100 billion in debt. The first tranche is scheduled at Rs 20 billion with a maturity period reaching ten years pending necessary approvals.

Market expansion goals

Leaders discussed steps to deepen the corporate debt market and expand the base of issuers and investors. The meeting also covered improvements to market infrastructure and better access for long-term financing needs.

All 2 outlets report consistently

No differences in figures, names or dates across these reports.

  • Associated Press of Pakistan
  • Business Recorder

Reported by

2 independent outlets. Headlines as published. Links open the original report.