Bangkok--2 Nov--SET
Thailand’s Bond Electronic Exchange (BEX) will list Bank of Thailand (BOT) bonds worth THB 40.00 billion and the debentures of DAD SPV Co., Ltd. worth THB 8.20 billion on November 2 and 7 as follows:
1. BOT bonds worth THB 40.00 billion (approx. USD 1.08 billion):
- BOT49/04/7D, worth THB 25.00 billion, will use “CB06N13A” as its trading symbol. The bond has a 7-day maturity and falls due on November 13, 2006. It will commence trading on November 2, 2006.
- BOT49/19/364D, worth THB 15.00 billion, will use “CB07N08A” as its trading symbol. The bond has a 364-day maturity and will be due on November 8, 2007. It will commence trading on November 7, 2006.
2. Debentures under the securitization program of DAD SPV Co., Ltd. no. 1/2006 worth THB 8.20 billion (approx. USD 0.22 billion). They are unsecured and received an ‘AAA (Thai)’ credit rating from Fitch Ratings (Thailand) on October 18, 2006. They will commence trading on November 7, 2006:
- Tranche 1, with 14 years’ tenure, due November 29, 2020, worth THB 2.20 billion, will use “DAD20NB” as its trading symbol. It bears a fixed coupon rate of 6.05% p.a.
- Tranche 2, with 19 years’ tenure, due November 29, 2025, worth THB 6.00 billion, will use “DAD25NB” as its trading symbol. It bears a fixed coupon rate of 6.50% p.a.
These issues will lift overall value of bonds listed on BEX to THB 3.48 trillion (approx. USD 94.05 billion), of which about 90.10% or THB 3.14 trillion (approx. USD 84.86 billion) are government bonds.
“As of today, the government bond yield for 14-year and 19-year bonds stood at 5.27% p.a. and 5.35% p.a. respectively. Persons wishing to hold corporate or government bonds can invest through BEX,” BEX CEO Dr. Santi Kiranand said.
Persons interested in gaining regular returns can find out about bonds by visiting www.bex.or.th or contacting an investment management or securities firm. For information about fixed-income funds, please visit www.thaimutualfund.com .
For more information, please contact the Corporate Communications Dept.:
Ladawan Kantawong Tel: 0-2229-2036 / Kulvida Jintakawong Tel: 0-2229-2037 /
Nattaporn Boonprapa Tel: 0-2229-2049 / Watsamon Saowakhonsathien Tel: 0-2229-2797