Laos plans first overseas bond sale

May 19 2009 17:30:51

Laos plans first overseas bond sale

Bloomberg

The communist-run nation may sell as much as 2.5 billion Thai baht ($72.5 million) of five- to 15-year notes backed by royalties from hydropower plants, said Chiemi-Jamie Kaneko, a financial markets official at the Asian Development Bank, which is advising the Laos government.

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