Cambodia bond a possibility
The launch of an unrated Laotian government bond on Thailand’s bond market could pave the way for Cambodia to issue its own government bond denominated in Thai baht. The Bangkok Post reported yesterday that Thailand’s Finance Ministry and Public Debt Management Office had allowed Cambodia, Vietnam and Myanmar to follow in the steps of Laos and raise capital through the issue of their own sovereign bonds on Thailand’s financial market. Grant Knuckey, chief executive officer of ANZ Royal Bank, told the Post yesterday by email that the Thai framework opened up the opportunity for Cambodia to permit small debt issues to a willing high-yield investor community. …
Hor Kimsay
http://phnompenhpost.com/business/cambodia-bond-possibility
