Thailand, LB 3.22% 17mar2046, THB (FIGI BBG021GJ2RY7, LB463A, TH062303Q308, WKN A4ETH1)
国内債券, Senior Unsecured
国内債券, Senior Unsecured
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Thailand is a country in Southeast Asia with Bangkok as its capital. The national currency is the Thai baht (THB), and the economy is supported by services, manufacturing, tourism, agriculture, trade, and infrastructure. The country has ...
Thailand is a country in Southeast Asia with Bangkok as its capital. The national currency is the Thai baht (THB), and the economy is supported by services, manufacturing, tourism, agriculture, trade, and infrastructure. The country has one of the more developed local-currency debt markets in ASEAN, supported by domestic institutional investors and an active banking sector.
The Thailand bonds market expanded significantly after the 1997 Asian financial crisis, when the government increased debt issuance to finance economic recovery and long-term development. Today, the market is represented by government securities, state agency instruments, corporate debt, commercial paper, securitization instruments, and baht-denominated foreign debt. Most trading takes place over the counter, while market data and reference information are supported by domestic bond market infrastructure. The Thailand government bond market is centered on securities issued by the Ministry of Finance and other public-sector entities. Main instruments include loan bonds, Treasury bills, savings bonds, state agency bonds, and bonds issued by state-owned enterprises. Thai government bonds provide benchmark yields for the domestic market and are used by banks, insurance companies, pension funds, mutual funds, and foreign investors seeking exposure to baht-denominated fixed income. The corporate segment is represented mainly by straight and plain-vanilla bonds issued by banks, real estate companies, utilities, energy groups, and large industrial corporations. Thai bonds also include structured notes and securitization bonds, although these segments remain smaller than conventional corporate debt. Equity-linked notes are usually issued by commercial banks, while securitization has been used for selected infrastructure and public-sector projects. For international investors, Thailand bonds offer exposure to a relatively deep ASEAN debt market with a stable local investor base and regular public-sector issuance. The market remains sensitive to interest rates, inflation, fiscal policy, baht movements, credit ratings, and regional capital flows. |
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1 000 000
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80 234
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175 910
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70 000
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