Cambodia’s bourse gets 3rd corporate bond issuer

Advanced Bank of Asia Limited (ABA Bank), a National Bank of Canada Group member, became the third firm to list its corporate bonds on the Cambodia Securities Exchange (CSX) on Friday.

ABA Bank’s chief executive officer Askhat Azhikhanov said the bank issued 848,210 bonds worth 84.82 billion riels (about 21 million U.S. dollars).

He said the bank’s corporate bonds have a maturity date of 3 years with a coupon rate of 7.75 percent per annum.

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