Domestic companies may sell a record amount of new bonds this year as they aim to lock in borrowing costs before any further increase in interest rates, according to the Thai Bond Market Association (TBMA).
Corporate bond sales may reach 1.2 trillion baht (US$33 billion) in 2022, compared with 1.04 trillion baht last year, said Ariya Tiranaprakij, executive vice president of the association. That would exceed the previous record sales of 1.08 trillion baht in 2019, she said.
