Some 890 billion baht worth of long-term corporate bonds are due for redemption this year, nearly all investment-grade bonds, with 73 billion baht holding maturity dates this month, says the Thai Bond Market Association (ThaiBMA).
President Somjin Sornpaisarn said the ThaiBMA expects Thai private companies to issue long-term bonds worth roughly 1 trillion baht this year, consisting of 450 billion worth of newly issued bonds, with about 550 billion rolled over.
In 2023, private companies issued long-term bonds worth more than 1 trillion baht, with the bond market value expanding 5.4%.
Foreign investors sold 150 billion baht of Thai bonds last year, but were expected to return to a net buy position in the fourth…
