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Bigger return for investors at Thanachart

By The Nation
Published on May 22, 2008

Investors in bills of exchange at Thanachart Bank are to enjoy higher returns as the bank yesterday announced an increase of its coupon rates for the bills of 25 basis points.

Interest rates of the bank's two-month and three-month bills have been raised from 2.875 per cent to 3.125 per cent, and 3 per cent to 3.25 per cent, respectively.

The move became effective yesterday.

Praphan Anupongongarch, senior vice president, said interest rates were on a rising trend. "The rate increase is aimed at adding options for savers."

Individuals and corporations, excluding financial institutions and non-residents, can buy the bank's bills of exchange for a minimum of Bt500,000.

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Bigger return for investors at Thanachart

Investors in bills of exchange at Thanachart Bank are to enjoy higher returns as the bank yesterday announced an increase of its coupon rates for the bills of 25 basis points.

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