AKP Phnom Penh, January 14, 2025 --

The Royal Government of Cambodia (RGC) has planned to raise some US$120 million from issuance of government bond in 2025 to respond to financing needs for economic and social development, including supporting priority projects.

“The Ministry of Economy and Finance will issue government bonds through auctions on the National Bank of Cambodia's Platform (NBCP) in the amount of KHR500 billion, approximately more than US$123 million,” the ministry said in a press release.

Government bonds are currently auctioned through the NBCP with investors from institutional investors such as banks and insurance companies.

The Ministry of Economy and Finance started issuing government bonds in 2022 as a new financial instrument, enabling the government to augment domestic revenue, thereby reducing the need to borrow from foreign sources for infrastructure development.

The ministry stated that government bonds would enable the state to raise funds for economic development.
In 2024, the RGC is set to issue government bonds totaling KHR 440 billion, equaling about US$108 million.

H.E. Dr. Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance

By Chea Vannak