Banking

China to issue 32 billion yuan ($5.18 billion) T-bonds

The Ministry of Finance said Wednesday it will start selling 32.09 billion yuan ($5.18 billion) of seven-year book-entry treasury bonds on Thursday.

Published

9 years ago

June 7, 2012

Zhong Li

The Ministry of Finance said Wednesday it will start selling 32.09 billion yuan ($5.18 billion) of seven-year book-entry treasury bonds on Thursday.

The bonds, the 10th batch of its kind to be floated this year, carry a fixed interest rate of 3.14 percent and will be sold to the public from June 7-11, the ministry said in a statement posted on its website.

The bonds will become tradable on June 13 through the national inter-bank bond market and over the counter at designated commercial banks.

The ministry said interest will be calculated from the day of purchase and paid annually, with the principal and final interest paid upon maturity on June 7, 2019.

via China to issue 32b yuan in book-entry T-bonds|Markets|chinadaily.com.cn.

Banking

Thailand’s Public debt to GDP ratio within framework says Finance Minister

Currently, Thailand’s ratio of public debt to gross domestic product (GDP) stands at 49.34 percent, which is below the Fiscal Sustainability Framework set at 60 percent.

Published

1 month ago

November 27, 2020

National News Bureau of Thailand

BANGKOK (NNT) – The Thai economy is gradually recovering, with monthly economic indicators, such as the consumer confidence index and domestic spending, showing positive signs.

(more…)

Banking

Raising inequality posing credit risks for sovereign in APAC countries

Governments with weaker social protection systems and tighter fiscal positions will face tougher challenges in tackling income inequality

Published

1 month ago

November 24, 2020

Pr News

Moody’s Investors Service says in a new report that the impact of the coronavirus pandemic will exacerbate income inequality in APAC, posing credit risk for sovereigns across the region and in particular for those with weaker fiscal capacity and social protection systems.

(more…)

Banking

Bank of Thailand steps in to curb recent baht strength

Bank of Thailand accelerates measures to advance the development of the new Thai FX Ecosystem and to limit excessive currency volatilities

Published

1 month ago

November 22, 2020

Olivier Languepin

In a press release published on the 20th of November, the central bank’s Monetary Policy Committee (MPC) has expressed concerns over the rapid appreciation of the baht as this affects the fragile economic recovery.

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