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PDMO bonds at B60bn imminent

PDMO bonds at B60bn imminent

Funds to be used for state rehab projects

Chatuchak weekend market remains lifeless amid the ongoing outbreak. The Rao Chana savings bonds are aimed at financing projects that will rehabilitate the battered economy. (Photo by Apichart Jinakul)

The Public Debt Management Office (PDMO) will issue government savings bonds worth 60 billion baht early next month, aiming to use the funds raised to finance government projects that will mitigate the pandemic’s impact and rehabilitate the economy.

The Rao Chana (We Win) edition of government savings bonds has an average interest rate of 2-2.5%.

The main objective of the latest savings bond issuance is to raise funds for finance projects aimed at mitigating the pandemic crisis and…

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