Papua New Guinea: this time it’s real

The island state is yet again planning to make its debut in the dollar bond market. Its chances now are better than ever.

Papua New Guinea: this time it’s real

Papua New Guinea deserves credit for its dogged determination.

The country has been flirting with a dollar bond since 1999, but after two serious attempts and plenty of watching and waiting it has still not managed to make its debut in the market.

That is something finance officials in Papua New Guinea plan to change this year. The country is now eyeing $500 million of fund-raising from the bond market, finance minister...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: papua new guinea | frontiersman | mongolia | bonds

Print Edition

FinanceAsia Print Edition