Cambodia’s bourse gets 2nd corporate bond issuer

Deposit-taking microfinance institution LOLC (Cambodia) Plc became the second firm to list its corporate bonds on the Cambodia Securities Exchange (CSX) on Friday.

LOLC CEO Sok Voeun said LOLC was the second firm that issued local currency bonds in the kingdom and added that the firm issued 800,000 bonds worth 80 billion riels (20 million U.S. dollars).

He said the LOLC’s corporate bonds had the period of 3 years with a coupon rate of 8 percent per annum for FX-Indexed bonds and 9 percent for plain bonds.

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