A conference on investing in Myanmar government bonds was organized at the Melia Hotel in Yangon yesterday.
It was jointly organized by the Ministry of Planning and Finance, the Asian Development Bank and the UK’s Department for International Development.
Deputy Minister U Maung Maung Win delivered an opening remark on the conference where the experts from ADB, DFID, Japan, Thailand, Georgia and Myanmar discussed development of Myanmar investment markets, loan management policies of Japan, experiences of bonds in Thailand, selling of government bonds to settle budget deficits in Georgia, emerging government bonds in Myanmar and regional government bonds in respective currencies.
The Ministry of Planning and Finance has been selling securities and exchange in auction system since 2015 to the state-owned banks, private banks, foreign outlet banks, securities and exchanges companies and insurance companies.
The conference was aimed to promote the primary bond market of Myanmar to the secondary level. It was attended by the officials from Securities and Exchange Commission of Myanmar, Treasury Department, Financial Regulatory Department, state own banks, private banks, foreign bank outlets, financial organizations, international partner organizations, securities and exchange companies and insurance companies.—MNA
(Translated by Aung Khin)