Corporate bond sales to hit B1tn this year

The issuance of corporate bonds is expected to hit a trillion baht this year as companies try to avoid higher interest costs if rates rise next year, refinancing their debt to reserve liquidity with commercial banks for future emergencies as the market remains highly volatile, says the Thai Bond Market Association (TBMA).

According to the TBMA, total corporate bond issuance stood at 818 billion baht at the end of the third quarter, up 54% compared with the same period last year.

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Bangkok Post Reporter