PPCBank bond trades on secondary market

In a first for the Cambodia Securities Exchange (CSX), a listed bond were traded on the secondary market on November 24, data from the bourse show. As a result, South Korea-owned Phnom Penh Commercial Bank Plc’s (PPCBank) first bond offering (PPCB23A) on the CSX saw its weighted average price tick up to 105,309 riel ($25.88) from 100,000 at its date of issue. …

May Kunmakara