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BoT to issue Bt40 bn worth of savings bonds

The Bank of Thailand will issue savings bonds worth a total of Bt40 billion to be an alternative of saving and to absorb liquidity in the financial system, said the central bank's governor, Tarisa Watanagase, on Wednesday.

The bonds will have maturities of four years and seven years and the interest would be based on the four years and seven years maturity of the government bond yields, plus the spread of not over 15 per cent of the yield.

The savings bonds, which are aimed at the individuals, will be open for subscription from August 27 to September 4. The minimum subscription value per person is Bt50,000.

-The Nation

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BoT to issue Bt40 bn worth of savings bonds

The Bank of Thailand will issue savings bonds worth a total of Bt40 billion to be an alternative of saving and to absorb liquidity in the financial system, said the central bank's governor, Tarisa Watanagase, on Wednesday.

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