Bangkok--6 Jun--SET
The Stock Exchange of Thailand (SET) has approved new listings on the Bond Electronic Exchange (BEX) from Bank of Thailand worth THB 100 billion (approx. USD 2.88 billion). Details of the issues are as follows:
- BOT50/52/14D, worth THB 20,000 million, with a 14-day maturity and due on June 21, 2007, will commence trading on June 7, 2007, using “CB07621B” as its trading symbol.
- BOT50/6/364D, worth THB 60,000 million, has a 364-day maturity and is due on June 5, 2008. It will use “CB08605A” as its trading symbol. The issue will be split into two parts with the first THB 30,000 million commencing trading on June 7, 2007, and the remaining THB 30,000 million on June 19, 2007.
- BOT50/02/FRB3Y, worth THB 20,000 million, with a 3-year maturity and due on June 12, 2010, will commence trading on June 8, 2007, using “BOT106A” as its trading symbol. It carries a floating interest rate based on 6-month BIBOR (Bangkok Interbank offered rate) minus 0.20%. Interest will be paid every six months.
BIBOR is a benchmark for short-term funding in the Bangkok interbank market. The average rate is derived from the level at which 14 Thai and foreign commercial banks offer to lend funds to other banks from one week to one year on an unsecured basis.
These issues will lift BEX-listed government bonds to THB 3.212 trillion (about USD 92.564 billion), or 89.87% of the value of all listed bonds. The total value of bonds listed is now THB 3.574 trillion (about USD 102.997 billion).
Those wishing to invest in BEX-listed bonds should contact any securities firm. To stay updated on domestic and international bond markets, 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 / Sarinluck Jitkawong Tel: 0-2229-2037 /
Nattaporn Boonprapa Tel: 0-2229-2049 / Watsamon Saowakhonsathien Tel: 0-2229-2797