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Thai government to offer B50bn in savings bonds to fund COVID-19 relief measures

Thai government to offer B50bn in savings bonds to fund COVID-19 relief measures Thai government to offer B50bn in savings bonds to fund COVID-19 relief measures BANGKOK: Thailand’s Public Debt Management Office (PDMO) plans to issue ‘Ying Aom Ying Dai’ (“The more you save, the more you earn”) government savings bonds to the value of B50 billion next month, aiming to use the funds to finance state projects to ease the impacts of the pandemic. Monday 28 June 2021, 09:44AM PDMO Director-General Patricia Mongkhonvanit. Photo: NNT PDMO Director-General Patricia Mongkhonvanit said on Friday (June 25) that the interest rates on the PDMO bond tranches reflect the likelihood of higher market rates, reported state news agency NNT.

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