The world's smallest bond?

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AyG
Crazy Mango Extraordinaire

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The world's smallest bond? Aug 26, 2022 12:59:32 GMT 7

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Post by AyG on Aug 26, 2022 12:59:32 GMT 7

According to the Bangkok Post:

"Cambodia will issue the first-ever sovereign bond worth US$300 in September,"

That's go a long way to fix the country's economic problems.

Or the Bangkok Post got something wrong.

www.bangkokpost.com/business/2377705/cambodia-to-issue-first-ever-sovereign-bond-worth-300m-in-september

rubl
Crazy Mango Extraordinaire

The wondering type

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The world's smallest bond? Aug 26, 2022 21:00:32 GMT 7 siampolee likes this

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Post by rubl on Aug 26, 2022 21:00:32 GMT 7

^^|

You see the 'm' in the URL, "300m"?

"The finance ministry on August 25 announced that Cambodia’s inaugural issuance of sovereign bonds, worth about $300 million, will start in September, as a new financial instrument geared specifically for institutional investors such as the National Social Security Fund (NSSF), insurance companies and banks.

The Ministry of Economy and Finance noted in a statement that the 1.2195 trillion riel sovereign bond would be issued with a par value of one million riel each, and coupon payments every six months."
www.phnompenhpost.com/business/sovereign-bonds-be-issued-sept

-- The more I learn the better I understand I know nothing.

siampolee Detective Alive alive O Posts: 14,071 Likes: 8,904	The world's smallest bond? Aug 27, 2022 18:17:29 GMT 7 Quote Select Post Deselect Post Link to Post Back to Top Post by siampolee on Aug 27, 2022 18:17:29 GMT 7 No comments perchance keyboard operatives rendered inoperative?
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Post by AyG on Aug 26, 2022 12:59:32 GMT 7

Post by rubl on Aug 26, 2022 21:00:32 GMT 7

Post by siampolee on Aug 27, 2022 18:17:29 GMT 7

Shoutbox