Myanmar's shadow government to issue $1bn in zero-interest bonds

Funds to support those resisting military government after February takeover

20211105 Myanmar bonds

People hold placards in Yangon calling for a boycott of products made by companies associated with Myanmar's military government. (Photo courtesy of Ma We Nae)

MARIMI KISHIMOTO, Nikkei staff writer

BANGKOK -- The National Unity Government of Myanmar (NUG), a pro-democracy group, has decided to issue its own "bonds" worth $1 billion. It aims to establish itself as the legitimate government of Myanmar after the military seized power in the country in February.

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