Bangkok--14 Nov--SET
Thailand’s Bond Electronic Exchange (BEX) will list corporate bonds worth THB 13.93 billion (approx USD 380.29 million) issued by Advanced Info Service PCL (ADVANC) and Kiatnakin Bank PCL (KK), together with bonds from Expressway and Rapid Transit Authority of Thailand (ETA) worth THB 1.00 billion (approx USD 27.30 million) during Nov. 15 — 20. These issues will lift the overall value of bonds listed on BEX to THB 3.50 trillion (approx. USD 95.56 billion).
Corporate bonds worth THB 13.93 billion are comprised of:
1. KK senior debentures No.2/2006, which received an ‘A-’ credit rating from TRIS Rating Co., Ltd. (on Oct. 13, 2006), will commence trading on November 15, 2006:
- Tranche 1, worth THB 1.58 billion, will use “KK08NA” as its trading symbol. The bond has a 2-year maturity, falling due on Nov. 2, 2008, and carries a fixed coupon rate of 5.72% p.a.
- Tranche 2, worth THB 920 million, will use “KK09NA” as its trading symbol. The bond has a 3-year maturity, falling due on Nov. 2, 2009, and carries a fixed coupon rate of 5.84% p.a.
2. ADVANC senior debentures No.1/2006, which received ‘AA’ credit rating from TRIS Rating Co., Ltd. (on Aug. 16, 2006), will commence trading on November 20, 2006:
- Tranche 1, worth THB 3.43 billion, will use “AIS099A” as its trading symbol. The bond has a 3-year maturity, falling due on Nov. 7, 2009, and bears a fixed coupon rate of 5.80% p.a.
- Tranche 2, worth THB 4.00 billion, will use “AIS119A” as its trading symbol. The bond has a 5-year maturity, falling due on Nov. 7, 2011, and bears a fixed coupon rate of 5.90% p.a.
- Tranche 3, worth THB 4.00 billion, will use “AIS139A” as its trading symbol. The bond has a 7-year maturity, falling due on Nov. 7, 2013, and bears a fixed coupon rate of 6.00% p.a.
Government bond issue
ETA50/01/9Y, worth THB 1.00 billion, will use “ETA15NA” as its trading symbol. The bond has a 9-year maturity and will fall due on Nov. 16, 2015. These bonds bear a fixed coupon rate of 5.098% p.a., with interest paid every six months. They will commence trading on November 16, 2006.
“Considering the government bond yield (which is normally used as a benchmark), listed bonds on BEX provide an interesting alternative for people wishing to gain attractive and regular returns. The government bond yields for 2-year, 3-year, 5-year, 7-year, and 9-year bonds are 4.82%, 4.83%, 4.86%, 4.90%, and 4.95% respectively. Anyone interested in investing in bonds can contact an investment management or securities firm, and or find out about them by visiting www.bex.or.th ,” BEX CEO Dr. Santi Kiranand said.
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