Bangkok--11 Jan--SET
The Stock Exchange of Thailand (SET) has approved new listings on Bond Electronic Exchange (BEX) worth THB 143.44 billion (approx. USD 3.98 billion) in total. These are comprised of Krung Thai Bank bonds worth THB 1.44 billion (approx. USD 40.00 billion), Bank of Thailand bonds worth THB 65.00 billion (approx. USD 1.81 billion), government bonds worth THB 73.00 billion (approx. USD 2.03 billion), and savings bonds worth THB 4.00 billion (approx. USD 0.11 billion). They will commence trading on January 11, 15, 16 and February 15, 2007.
1. The perpetual non-cumulative subordinated hybrid tier I debentures of Krung Thai Bank PCL No.1/2006 worth THB 1.44 billion will commence trading on January 11, using “KTB06PA” as its trading symbol.
The bond bears a floating interest rate equal to an average 6-month fixed deposit of the five largest banks plus 2.55%, which will change to plus 3.55% after the first call date, which will be November 28, 2016.
KTB06PA received an A+ (tha) credit rating from Fitch Ratings (Thailand) on November 1, 2006.
2. Bank of Thailand bonds worth THB 65.00 billion to commence trading on January 11, 2007 are:
- BOT50/1/364D, worth THB 30.00 billion, using “CB08110A” as its trading symbol, has a 364-day maturity, falling due on January 10, 2008.
- BOT50/2/13D, worth THB 15.00 billion, using “CB07122A” as its trading symbol, has a 13-day maturity, falling due on January 22, 2007.
- BOT50/3/7D, worth THB 20.00 billion, using “CB07118B” as its trading symbol, has a 7-day maturity, falling due on January 18, 2007.
3. Government bonds issued by the Ministry of Finance worth THB 73.00 billion to commence trading on January 15, 2007 are:
- TLOAN50/01/7.25Y, worth THB 27.00 billion, has a 7-year maturity, falling due on May 12, 2014 and bearing a fixed interest rate of 5.25% p.a., will use “LB145B” as its trading symbol.
- TLOAN50/03/12Y, worth THB 46.00 billion, has a 12-year maturity, falling due on January 12, 2019 and bearing a fixed interest rate of 5.625% p.a., will use “LB191A” as its trading symbol.
4. Savings bonds issued by the Ministry of Finance worth THB 4.00 billion are:
- SLOAN49/04/5Y, worth THB 2.00 billion, using “SB111A” as its trading symbol, will commence trading on January 16, 2007. The bond has a 5-year maturity and bears a fixed interest rate of 5.50% p.a. Interest payment will be paid on January 15 and July 15.
- SLOAN49/05/7Y, worth THB 2.00 billion, using “SB132A” as its trading symbol, will commence trading on February 15, 2007. The bond has a 7-year maturity and bears a fixed interest rate of 7.00% p.a. Interest will be paid on February 15 and August 15.
These issues will lift BEX-listed government bonds to THB 2.95 trillion (approx. USD 81.81 billion), or 89.57% of the value of all listed bonds. Corporate bonds will rise to THB 338.62 billion (approx. USD 9.41 billion), and total listed bonds to THB 3.29 trillion (approx. USD 91.33 billion).
To invest in BEX-listed bonds, please contact any securities firm. To keep updated on the bond market world, please visit www.bex.or.th , or browse www.thaimutualfund.com to learn more about fixed income funds.
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