Corporate debt issuance reaches Rs291bn in Jan-Sept 2026: Finance Division

Pakistan recorded Rs291 billion of corporate debt issuance in the first nine months of 2026, the Finance Division said, as officials reviewed measures to strengthen the market. At the Capital Market Development Council meeting, Finance Minister Muhammad Aurangzeb also considered a proposed Shariah-compliant Sukuk plan for National Grid Company of Pakistan Limited, capped at Rs100 billion, with an opening tranche of up to Rs20 billion and a possible term of up to 10 years, pending approvals and market conditions.

Business Recorder reported that issuance totalled Rs326 billion in 2025, 30% above 2024, while 12 new listed debt offerings worth Rs45.4 billion were recorded from February 2025 to September 2026. The council reviewed proposals to simplify listings, establish dedicated debt-market desks and connect the Central Depository Company with the existing process. Average daily trading value rose from Rs3.93 billion in fiscal year 2026 to over Rs10 billion in fiscal year 2027 through October 15, 2026, and 13 banks are participating in secondary-market arrangements.