Worth Your Satang

- Siam City Bank is offering a special mortgage loan with two interest options for residences supported by the bank.

The first package entails a fixed 1.99 per cent per annum for the first year and the minimum lending rate (MLR) minus 1 per cent for the rest of the loan's term.

The second one features a floating MLR minus 4 per cent for the first year, MLR minus 3 per cent for the second year and MLR minus 1 per cent for the rest of the term. Those taking out loans for homes from Prinsiri, Property Perfect, Major Development, Supalai, Land and Houses, Sansiri and Asian Property will receive a fixed 2.25 per cent for the first year and MLR minus 1.24 per cent for the rest of the loan's term.

Those taking out loans for homes in other projects or pre¬viously owned homes will be charged a fixed 3.99 per cent for the first year and MLR minus 0.5 per cent for the rest of the term.

As well, borrowers purchasing insurance to cover the entire home loan and with maturity of at least 10 years or not less than the loan's term will receive a discount of 0.25 per cent for the first year.

Meanwhile, the bank has extended the reduction in its mort¬gageloan instalment payments. Under its programme, bor¬rowers are allowed to pay even less, dropping from Bt7,000 per Bt1million loan to Bt5,000 for one year.

- The Finance Ministry's Bt664.36million threeyear sav¬ings bonds with a coupon rate of 4.65 per cent per annum are available at Bangkok Bank's branches across the country from September 1524.

- Kiatnakin Bank has launched an eightmonth fixeddeposit account offering 4.38 per cent interest per annum. The mini¬mum deposit is set at Bt100,000 per account, and those with deposits of at least Bt500,000 per account will receive month¬ly interest payments. The account is available at all of the banks' branches until the end of the month.

- Italian-Thai Development is offering its unsecured and unsubordinated debentures to the public, carrying a coupon rate of 6.5 per cent per annum and offering quarterly interest payments. Interested persons can subscribe to the debentures at all Bank of Ayudhya branches from September 1822.

- Krung Thai Asset Management is offering two new fixedincome funds until next Tuesday. KTFIF1Y10, a oneyear matu¬rity fund, invests in eurocommercial paper issued by leading financial institutions. The fund has set up a currency swap to prevent foreignexchange risk.

KT3M49, a threemonth lifetime fund, invests in principalprotection local debt instruments, including government bonds, promissory notes and negotiable certificate deposits issued by credit fonciers, as well as deposits of commercial banks.

- MFC Asset Management is offering a complimentary oneyear accidentinsurance policy from AIA with global coverage and a maximum amount of Bt600,000 for those subscribing to unit trusts of the four funds in the Smart Wealth Solution Family until October 30. The four funds are the MFC Smart Collector Fund, the MFC Smart Enhancer Fund, the MFC Smart Adventurer Fund and the MFC Smart Maximiser Fund.

- BBL Asset Management is offering the Bualuang Target Return Fund to the public until next Wednesday. This is a threeyear mixed fund targeting net returns of 25 per cent. Minimum purchase is Bt1,000.