The Public Debt Management Office (PDMO) will offer the final batch of government savings bonds for this year, valued at 55 billion baht, beginning on June 13, said the office’s director-general Patricia Mongkhonvanit.
The launch is part of the PDMO’s offer of total savings bonds worth 165 billion baht in fiscal 2022, an increase of 15 billion baht on its original plan, to cater to the higher demand of investors.
The final batch of savings bonds issued this year carry terms of five and 10 years and with improved interest rates.
The first tranche worth 10 billion baht will be available to individual investors on the “Sasom Bond Mung Kung” (“Sor Bor Mor”) e-wallet on Krungthai Bank’s Pao Tang mobile app. They will be up for grabs during June 13-30.
Of the total, the lot with a five-year term offers an improved interest rate of an average 2.9% per year, while the lot…
