The Public Debt Management Office (PDMO) plans to offer government savings bonds worth 40 billion baht next month, according to deputy director-general Jindarat Viriyataveekul.
The first tranche of bonds worth 10 billion baht is available for Thai individual investors on a first come, first served basis during May 10-23. This tranche is available on the "Sasom Bond Mung Kung" (Sor Bor Mor) e-wallet on Krungthai Bank's Pao Tang mobile app.
The seven-year bonds carry a fixed interest rate of 2.70% per year. The interest is paid every three months. Investors can purchase bonds worth 100 baht up to 20 million baht.
