New savings bonds in Q2

The Public Debt Management Office (PDMO) is expected to issue another batch of government savings bonds, worth 70 billion baht, in the second quarter of next year to satisfy high demand, says director-general Patricia Mongkhonvanit.

The PDMO plans to offer total savings bonds worth 150 billion baht in fiscal 2022, of which 80 billion was the first batch available between Nov 15-Dec 3. They sold out soon after becoming available, Mrs Patricia said.

The bond issuance is to offset the country’s budget deficit in fiscal 2022.

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Wichit Chantanusornsiri