| Overview : Objective of the Assignment The main objective of the assignment is to support UNCDF to implement both UN SDG-funded Projects related to the introduction of an Integrated National Financing Framework (INFF) in Cambodia and Lao PDR respectively. The assignment will support such projects in providing technical support to the Ministry of Finance Public Debt Management Directorate and Bank of Lao PDR and direct support to Cambodia Securities Exchange (CSX). Duties and Responsibilities The consultant will support the on-going SDG-funded project related work in Lao PDR and Cambodia, with a set of responsibilities as follows: For Lao PDR: Organise and implement a stocktaking exercise of current Lao issued bonds (general obligation and revenue) that includes, volume of each individual listing, place of issue, credit rating, tenure, coupon repayments and underwriters. This work includes dialogues and exchange of data with Lao MoF, Lao Securities Exchange, Thai Securities Exchange and the Ministry of Finance, Thailand to update the Lao Bonds report issued by UNCDF in April 2021 - Prepare a road map and specific options for the Government of Lao to reverse the negative trends related to sovereign credit ratings, this work will need be conducted through dialogue and partnering with the credit rating agencies in Thailand
- Develop options paper to enable the restructing of specific Thai Bhat issued Gebnebonds subject to consideration of Thailand’s Ministry of Finance
- Provide and facilitate associated presentations, seminars
For Cambodia: - Develop with Cambodia Securities Exchange (CSX) a roadmap to enhance performance through the development of new products and offerings
- Originate and test a suitable transboundary investment product that can be initialized within the GMS
Deliverables The consultant will deliver the following within the framework of this consultancy: - Submission of updated Lao PDR debt stocktaking report with a focus on bonds and their service payments
- Formulation of road map and short-term actions to support the public debt dept to introduce policy to reverse the current negative trends related to sovereign credit ratings
- Provision of options paper upon completion of consultations with both Thai and Lao PDR government entities to restructure Thai Bhat bonds as an option for creating fiscal space
- Performance enhancing roadmap for Cambodia Securities Exchange (CSX)
- Origination and development, including a possible pilot test, of a transboundary (limited to the GMS and Singapore) financial product / offering for CSX that supports an improved national engagement of domestic investors
For full details - please access this link: UNCDF Jobs - 100676- Consultancy, Capital Market Solutions for Lao PDR (undp.org) | 
