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2nd lot of Strong Thailand bonds to be sold next year
By k on October 23, 2009
| BANGKOK, 23 October 2009 (NNT) – The Ministry of Finance prepares to issue the 2nd lot of government savings bonds under the economic stimulus Strong Thailand Scheme.
Public Debt Management Office Deputy Director Chakkrit Parapuntakul said on Thursday that the 2nd lot of bonds was worth 60 billion baht with 4% interest. The bonds have a term ranging from 5-7 years and will be issued in January 2010. Proceeds from the bonds will be used to refinance debts the ministry had due to loans from commercial banks. The refinancing will provide financial liquidity for the ministry, enabling it to implement the 2nd-phase of economic stimulus packages. The 1st lot of government savings bonds of 50 billion baht was sold in July this year. |
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- First lot of savings bonds to be launched on 14-15 July BANGKOK, 17 June 2009 (NNT) – Following the House of...
- thai central bank was unconcerned over significant numbers of withdrawals BANGKOK, July 17 (TNA) – Bank of Thailand (BoT) Assistant...
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