CGIF

  • AMBIF driving standardization across Asean+3’s local currency bond markets

    AMBIF driving standardization across Asean+3’s local currency bond markets

    The Asean+3 governments and regulators are maintaining their drive to create standardized bond and note issuance practices. The AMBIF initiatives began in 2014 and were followed by a pilot issue in the Thai baht bond market in 2015. Although there has been a hiatus since then the impetus towards uniformity is as strong as ever.

  • CGIF’s new guarantee for construction risk in SE Asian greenfield projects

    CGIF’s new guarantee for construction risk in SE Asian greenfield projects

    The financing of greenfield infrastructure projects in Southeast Asia has recently been boosted by the arrival of a new facility to guarantee bond investors against all risks during the construction period. The innovative solution was augmented on May 24 by the signing of a collaboration agreement between the Credit Guarantee & Investment Facility (CGIF), and Surbana Jurong Private Limited (SJ). The initiative is designed to boost the use of local currency-denominated project bonds to finance greenfield infrastructure projects in the Asean markets. GlobalCapital discussed the new facility with Kiyoshi Nishimura, CEO of CGIF.