Corporate debt issuances reach Rs291bn in nine months as Govt pushes capital market reforms

Pakistan recorded Rs291 billion of corporate borrowing through debt instruments from January to September 2026, according to Profit by Pakistan Today. At a Capital Market Development Council meeting on Friday, officials said issuance reached Rs326 billion in 2025, 30 percent above the prior year, while 12 new listed offerings worth Rs45.4 billion came between February 2025 and September 2026.

The council examined a proposed National Grid Company of Pakistan Sukuk plan of as much as Rs100 billion, beginning with a tranche capped at Rs20 billion and a maturity of no longer than 10 years, subject to approvals and market conditions. Average daily secondary trading value rose from Rs3.93 billion in FY2026 to more than Rs10 billion in FY2027 through October 15, 2026, and 13 banks have joined that market. Officials also discussed investor outreach, easier listing procedures, SME financing and renewed contact with MSCI about a possible future status review.