The Thai Bond Market Association (ThaiBMA) expects the value of corporate bonds to remain elevated this year as corporates look to lock in financial costs as interest rates rise.
Corporate bond issuance is projected to exceed 1 trillion baht in value this year after the market tallied 1.27 trillion baht in 2022, a record high for the third year in a row, said managing director Somjin Sornpaisarn.
