Govt plans B55bn savings bond issue in June

Thailand will sell 55 billion baht of government savings bonds next month to help finance a budget deficit, a Finance Ministry official said on Monday.

The 5-year and 10-year bonds will be offered to the public with yearly average coupon of 2.9% and 3.6% respectively, said Patricia Mongkhonvanit, head of the ministry’s public debt management office (PDMO).

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