Khmer Times News: The Ministry of Economy and Finance (MEF) has announced plans to issue government securities worth 2,140,000 million riels in 2026, equivalent to more than $500 million, through a competitive bidding process on the National Bank of Cambodia Platform (NBCP), according to the MEF announcement released on Saturday.
The issuance forms part of the government’s ongoing efforts to mobilise domestic financing, deepen the local capital market and strengthen public financial management.
The securities will be offered via the NBCP, the centralised electronic platform operated by the National Bank of Cambodia, which facilitates transparent and market-based auctions of government debt instruments. The move is expected to provide domestic financial institutions with additional investment options while supporting the state’s budgetary and development priorities.
Officials said the planned issuance reflects the government’s confidence in the stability of the domestic financial system and the growing capacity of the local market to absorb sovereign debt.
Cambodia began issuing government securities in recent years as part of broader reforms aimed at reducing reliance on external borrowing and enhancing fiscal sustainability. The MEF noted that the 2026 issuance plan aligns with the Royal Government’s medium-term public debt management strategy.
Cambodia’s plan to issue 2.1 trillion riels ($524 million) in government bonds in 2026 could help develop the domestic capital market and offer new investment opportunities for banks and investors, economist Darin Duch told Khmer Times.
Darin highlighted that the funds should be prioritised for infrastructure and human capital initiatives that enhance private sector productivity. “Cambodia’s public debt is sustainable and well below international risk limits. Much of the borrowing is concessional, at low interest rates and on long maturities. The debt should be used to finance long-term growth projects,” he said.
Source: https://www.khmertimeskh.com
