The Thai Bond Market Association (ThaiBMA) expects the value of corporate bonds to hit a new record high of 3 trillion baht this year as borrowers want to lock in costs amid rising interest rates and the economic recovery.
Long-term corporate bond issuance reached 997.06 billion baht in value in the first nine months, an increase of 22% from the same period last year, or 96% of the total issued value of the previous year, the association said yesterday.
