ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has launched a dedicated Corporate Debt Market Desk to help businesses raise funds through debt instruments.
The new desk aims to make corporate debt issuance simpler, faster and more cost-effective for companies and other market participants.
New Desk to Support Debt Issuance
The initiative follows a directive from Federal Minister for Finance Senator Muhammad Aurangzeb to develop a strong corporate debt market in Pakistan.
The government wants to expand long-term financing options for businesses and reduce their dependence on bank loans.
A senior SECP official will serve as the focal person for the desk. The facility will support companies seeking public offerings and private placements of corporate debt securities.
It will also cover Pakistan Stock Exchange (PSX) listings, Sukuk and other Shariah-compliant debt instruments.
SECP Creates Online Information Hub
The SECP has also added a dedicated Corporate Debt Market section to its website.
The section provides the legal and regulatory framework, market data, guidance materials and contact information for the desk’s focal person.
SECP Chairman Dr. Kabir Ahmed Sidhu said a stronger corporate debt market would give businesses more options for long-term financing.
He said the market could also attract institutional investors and support investment in infrastructure and industry.
SECP Pushes Debt Market Reforms
The new desk forms part of the SECP’s wider reforms to develop Pakistan’s corporate debt market.
The regulator is working to simplify issuance procedures, lower costs and standardise documentation.
These measures aim to encourage more companies and investors to participate in the corporate debt market and create new financing opportunities for businesses.
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