TBMA upgrades bond issuance outlook to B900bn
published :
9 Jul 2021 at 09:00
The Thai Bond Market Association (TBMA) upgraded its projection for corporate bond issuance this year to 900 billion baht from 700-750 billion as private companies seek to replenish capital reserves amid economic uncertainties, says TBMA president Tada Phutthitada.
The value of corporate bond issuance in the first half stood at 552 billion baht, up 63% compared with the same period last year, with the value in the second half projected to exceed 400 billion.
"The third wave of the pandemic has not affected long-term corporate bonds, with the issuance value steadily increasing each month since April," Mr Tada said.