After having carefully considered about the impacts on Thai corporate bonds issuance, the opportunity for domestic investors to invest in a quality bond and the development of Baht-denominated bonds market, the Minister of Finance has permitted 5 foreign entities to issue Baht-denominated bonds or debentures in Thailand within 31st March 2012. The list of the permitted entities and the issue amount is as follows:
(1) BNP PARIBAS (BNPP), amount 10,000 million Baht
(2) Banco Santander Chile (Santander), amount 8,000 million Baht
(3) Svenska Handelsbanken (SHB), amount 5,000 million Baht
(4) Westpac Banking Corporation (Westpac), amount 6,000 million Baht
(5) Woori Bank (Woori), amount 5,000 million Baht
The Ministry of Finance, thereby, reserves the right to restrain Baht-denominated bonds or debentures issuance if there appears to be significant changes to the financial status or structure of the permitted entities, or where the economy undergoes any significant changes.
The Ministry of Finance would like to take this opportunity to express our sincere appreciation to all applicants for their interest to issue Baht-denominated bonds in Thai bond market. The applicants who wish to apply for the next submission period can send a letter in November 2011.
Public Debt Management Office
Bond Market Development Bureau
Tel: 66-2265-8050 ext. 5810