Phnom Penh: The Royal Government of Cambodia (RGC) has announced plans to raise approximately US$120 million through the issuance of government bonds in 2025. This initiative aims to address financing needs for economic and social development, including the support of priority projects.
According to Agence Kampuchea Presse, the Ministry of Economy and Finance will conduct the issuance of government bonds via auctions on the National Bank of Cambodia’s Platform (NBCP), amounting to KHR500 billion, which is slightly more than US$123 million. The auction will attract institutional investors such as banks and insurance companies.
The Ministry of Economy and Finance introduced government bonds in 2022 as a new financial instrument. This move allows the government to increase domestic revenue, thus reducing reliance on foreign borrowing for infrastructure development. The government bonds are seen as a strategic tool to raise funds for economic advancement.
In 2024, the RGC is scheduled to issue government bonds totaling KHR 440 billion, which is around US$108 million.