Business & Finance

Cambodia mulling sovereign bond issue

Published May 3, 2013 Updated May 3, 2013 02:38pm

GREATER NOIDA: Cambodia is studying the possibility of issuing sovereign bonds, the director general of its central bank said on Friday at the Asian Development Bank's annual meeting in India.

Nguon Sokha gave no details of the size or timing of the possible bond issue.

Cambodia expects its economy to grow more than 7 percent in 2013, and sees inflation at below 2 percent, she said.