Thailand to sell up to US$4.36 bil of govt bonds

Thailand to sell up to US$4.36 bil of govt bonds

The baht-denominated bond will have maturities between 4 and 48 years.

Thailand sold ฿135 billion of government bonds for the Oct-Dec 2018 period. (Bloomberg pic)
BANGKOK:
Thailand plans to sell up to ฿141 billion (RM18 billion) of government bonds in the January-March quarter as part of debt-restructuring moves, the finance ministry said on Wednesday.

The baht-denominated bonds, to be sold domestically, will have maturities between four and 48 years, the ministry said in a statement.

That compares with the ฿135 billion of government bonds planned for the Oct-Dec 2018 period.

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