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Monday, May 6, 2024

SEC prepares digital bond offerings valued at B6.7bn

The Securities and Exchange Commission (SEC) has approved the first lot of digital bond offerings worth 6.7 billion baht.

The regulator said in a statement on Wednesday it launched a test of the DIF: Web Portal under a sandbox project to develop digital infrastructure to support digital debt securities transactions in the primary market starting on April 24.

Four issuers expressed their intention to offer digital bonds through the system.

The first four bonds were offered only to institutional investors with a combined amount not exceeding 6.7 billion baht, issued by Kasikornbank, Toyota Leasing (Thailand) Co Ltd, PTT Plc and PTTEP Treasury Center Co Ltd.

The SEC approved the filing of these four companies through the DIF: Web Portal under this sandbox project.

The system…

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