First bond issue under AMBIFcompleted
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Japan's Mizuho Bank successfully completed the issuance of baht-denominated bonds worth Bt3 million.
This is the first bond issuance in local currency under the Asean Bond Market Forum's Asean+3 Multi-Currency Bond Issuance Framework (AMBIF) initiative. Advising the issuance is Siam Commercial Bank.
The AMBIF aims to boost product quantity and variety and the growth of the bond market in Asean+3 in response to demand from fundraisers and investors in the region. Bond issuers will be enabled to raise funds through cross-border offerings to non-retail investors with standardised documentation and processes.
