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Thai government offers 60 billion baht in savings bonds to the public

Thai government offers 60 billion baht in savings bonds to the public

13 Sept 06:26 Key points summarised by AI
  • The Thai government will offer 60 billion baht in "Sukjai Hai Om" savings bonds to the public, with subscriptions beginning December 7th.
  • Bonds are available with 3-year and 7-year maturity periods, both featuring a fixed 3% annual interest rate, paid quarterly.
  • Individuals over 15 can subscribe via the "Sor Bor Mor Wallet" app or through Krung Thai, Bangkok, Kasikorn, and Siam Commercial banks, with investment amounts ranging from 100 to 20 million baht.
  • A 5 billion baht portion of 10-year bonds, carrying a 2.9% interest rate, is reserved for non-profit legal entities starting December 19th.
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