Thai USD bonds to balance baht inflows

31 Oct 2013

Thailand’s decision to issue a offshore USD benchmark has been well received by the market, with analysts argues it would be well bought, as well as helping to balance baht inflows from maturing debt.

The Thai sovereign will issue bonds in the international market for the first time in almost a decade in a move that commentators have welcomed as it will provide an offshore benchmark for corporates, diversify the sovereign investor base, and help to counteract inflows from a wave of ...

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