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Kina Securities Unveils PGK 235 Million Tier 2 Bond in PNG Debt Market
11:02am on Monday 16th of March, 2026 AEDT
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Financial Services
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Kina Securities Unveils PGK 235 Million Tier 2 Bond in PNG Debt Market
11:02am on Monday 16th of March, 2026 AEDT
Key Points
PGK 235 million unsecured subordinated bond issue
7.55% fixed annual coupon payable semi-annually
10-year maturity with early redemption options after 5 years
Bonds qualify as Tier 2 Capital under Bank of PNG regulations
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