# Thailand to issue 20 billion THB ($540 million) in sustainable bonds

- Link: https://www.thailand-business-news.com/markets/148090-thailand-to-issue-20-billion-thb-540-million-in-sustainable-bonds
- Published: 2024-06-27T08:22:00+07:00
- Author: Daniel Lorenzzo

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Thailand’s Public Debt Management Office (PDMO) plans to issue 20 billion THB in
sustainable bonds this year, targeting institutional investors. These bonds are 
designed for businesses following environmental, social, and governance (ESG) principles.

 * **🇹🇭 Sustainable Bond Sales** Thailand’s Public Debt Management Office (PDMO)
   is set to issue 20 billion Thai Baht (approximately $540 million) in sustainable
   bonds to institutional investors this year. The funds raised will be used to 
   support the country’s environmental and social initiatives.
 * **🌍 Thailand’s Sustainable Finance Goals** As part of its 20-year National Strategy(
   2018-2037), Thailand is aiming to become a hub for sustainable finance in Asia.
   This bond sale is part of the country’s efforts to promote environmental, social,
   and governance (ESG) principles in its capital markets.
 * **💰 Previous Sustainable Bond Issuances** Thailand has already issued significant
   amounts of sustainable bonds, with the first series of 15-year tenor reaching
   212 billion Thai Baht in total. The latest 20 billion Baht bond sale is expected
   to further expand the country’s sustainable finance ecosystem.

The PDMO aims to issue ESG bonds annually and is considering international bond 
issuance to attract foreign investors. The PDMO aims to establish a benchmark for
ESG bonds and is considering international bond issuance to attract foreign investors.