Thailand: Govt savings bonds at B60bn imminent

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(The Bangkok Post)

The Public Debt Management Office (PDMO) will issue government savings bonds worth 60 billion baht early next month, aiming to use the funds raised to finance government projects that will mitigate the pandemic’s impact and rehabilitate the economy.

The Rao Chana (We Win) edition of government savings bonds has an average interest rate of 2-2.5%.

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