Bangkok, September 28, 2015 ? The SEC approved the Mizuho Bank, Ltd. offering of THB 3 billion baht-denominated bond, the first issue under the ASEAN +3 Multi-Currency Bond Issuance Framework (AMBIF) cooperation.
AMBIF, an initiative of ASEAN Bond Market Forum (ABMF), aims to boost product quantity and variety and the growth of bond market in ASEAN + 3 in response to demand of fundraisers and investors in the region. Bond issuers will be enabled to raise funds through multi-jurisdictional offerings to non-retail investors with a standard filing form prepared in English language.
Rapee Sucharitakul, SEC Secretary-General said, ?With the Mizuho Bank, Ltd. pilot issuance of baht-denominated bonds in Thailand under AMBIF, bond market development in ASEAN +3 region has reached another milestone. This also reflects international recognition on solid foundation of Thai capital market. In addition, AMBIF initiative will help widen access to a variety of financial options for Thai businesses while staying cost competitive, whereas provide Thai investors with more choices of investment and better diversification.?
For details on issuance and offering of local currency-denominated bonds under AMBIF, please visit https://asianbondsonline.adb.org/regional/abmf.php and https://asianbondsonline.adb.org/documents/abmf_ambif_implementation_guide_tha.pdf, respectively