Logo of Phnom Penh Post newspaper Phnom Penh Post - SECC set to publish new bond booklet

SECC set to publish new bond booklet

A man drives past the offices of the Securities and Exchange Commission of Cambodia (SECC) in Phnom Penh in 2014.
A man drives past the offices of the Securities and Exchange Commission of Cambodia (SECC) in Phnom Penh in 2014. Hong Menea

SECC set to publish new bond booklet

The Securities and Exchange Commission of Cambodia (SECC) announced yesterday that it will publish a new updated Cambodia Bond Market Guide by the end of this year, with the hopes that it will raise public awareness for the new financial tool that received a formal regulatory framework in August.

The announcement came as members of the SECC met with experts from the Asia Development Bank yesterday for a workshop meant to prepare Cambodian companies for the first issuance of a corporate bond.

Sok Dara, deputy director of SECC, said that the Cambodia Bond Market Guide 2017 will be an important asset for firms and investors to learn about the financial tool. The guidebook will focus on teaching companies how to monitor the market as well as outlining the terms and conditions for bond issuance.

“Stakeholders in the market can take this guidebook and use it as a fundamental tool that will pave the way for investors, companies and other parties to learn more about this new market mechanism,” he said, adding that the document, once completed, will be publicly available on the SECC website.

Additionally, the SECC announced that Cambodia will host the 27th Asean + 3 Bond Market Forum early next year. The forum is expected to boost the prospects Cambodian companies to issue corporate bonds and introduce investors to the Kingdom’s nascent stock exchange.

MOST VIEWED

  • Police seek arrest of Chinese ‘gang’

    Cambodian police remain on the lookout for 20 Chinese nationals who earlier this month posted a video clip threatening to stoke insecurity in Preah Sihanouk province, though the Chinese Embassy in Phnom Penh maintained the group posed no threats to Cambodia’s national security. National Police

  • Rapper deletes song critical of Cambodian social issues

    A young musician has deleted from Facebook and YouTube a rap song that was critical of Cambodia’s social issues and announced that he will stop singing the song after officials visited his home in Siem Reap province and allegedly gave him a warning. Provincial

  • Man arrested for fake PM endorsement

    The owner of currency exchange company GCG Asia Co Ltd was temporarily detained by the court yesterday for attempted fraud after Prime Minister Hun Sen reacted to the company using his name and pictures to allege his endorsement of the firm. Phnom Penh Municipal Court

  • Sihanoukville authority orders structure dismantled

    The Preah Sihanouk provincial administration has ordered owners of two unauthorised construction sites to immediately dismantle them and warned of legal action if the owners failed to comply. Ly Chet Niyom, development management and construction bureau chief at the provincial hall, told The Post on