Thai bond value gains 2.7% from year-end

Quick Summary:

The Thai bond market had a total outstanding value of 17 trillion baht in the first half of 2024, up 2.7% from the end of last year, according to the Thai Bond Market Association (ThaiBMA).

The association forecasts the 5-year and 10-year bond yields will decline slightly this year to 2.47% and 2.73%, respectively.

The remaining maturity of Thai debt instruments held by foreigners averages 9 years, up from 8.6 years at the end of 2023.

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Article Details

Category: EconomyBusiness

Markets: ThailandIndia

Topics: Total Years Bond Bonds Year Policy Last Baht Market 2023 Thai

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-03 @ 09:07:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 405 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 21467170

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