Papua New Guinea, located in the southwestern Pacific, is a developing nation with diverse natural resources and a growing economy. The country serves as an issuer of sovereign bonds to finance infrastructure projects and promote economic stability.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PNGIB 8.38% 2028-10-04 USDPapua New Guinea | Papua New Guinea | 2028-10-04 | 8.375 | 7.15 |
| PNGIB 8.38% 2028-10-04 USDPapua New Guinea | Papua New Guinea | 2028-10-04 | 8.375 | 7.15 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Historically, Papua New Guinea began issuing bonds in the early 2000s, with significant issuances aimed at funding critical development projects. Noteworthy is the 2020 issuance of a 10-year bond, which garnered international attention, providing a yield higher than many comparable emerging market countries. These bonds often come with unique features, such as sustainability-linked clauses reflecting the government's commitment to environmental stewardship. Recent news highlights the nation’s efforts to enhance its bond market liquidity and attract foreign investors amid fluctuating commodity prices.