Instruments
The Ministry of Economy and Finance (MEF), through the National Bank of Cambodia (NBC), has issued treasury bills and recapitalization bonds since 2002 in preparation for developing a money market in Cambodia.
MEF issues recapitalization bonds with maturities of 2 to 3 years, and a coupon rate of 3% per annum. MEF also issues 91-day treasury bills in riels, with a coupon rate of 6% per annum. Various banks also issue transferable certificates of deposit.















