The Ministry of Finance has categorically rejected the misleading media reports on Pakistan's sovereign financing transactions.

In a statement on its X handle, it said both the Eurobond and Pakistan's inaugural Panda Bond complied with all applicable legal, regulatory, procurement, and approval requirements.

The statement said the Government selects the financing option that offers the optimal balance of pricing, tenor, execution certainty, timing, and risk, consistent with its Medium-Term Debt Management Strategy.

It said administrative matters relating to institutional appointments have no bearing on the legality or governance of sovereign financing transactions. The Debt Management Office and Finance Division have the requisite capacity and expertise to effectively manage sovereign financing transactions in full compliance with all applicable laws, regulations, and procedures.

The Ministry said the dissemination of inaccurate and misleading information risks undermining investor confidence, damaging Pakistan's credibility in international capital markets, increasing future borrowing costs, and prejudicing the country's strategic financing objectives. Public discourse should be based on verified facts, complete information, and responsible reporting.

The Ministry of Finance remains committed to the highest standards of transparency, professionalism, and prudent debt management, and will continue to pursue sovereign financing decisions solely in Pakistan's best economic and strategic interests.