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European Bond 1924 (B.E. 2467) |
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European Bond 1924 (B.E. 2467) |
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Authorized by |
The Royal Rescript dated 15 March B.E. 2466 |
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Objectives |
To finance railroad construction projects, irrigation projects, and other social services, as well as to strengthen the treasury reserve |
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Denominations |
50 Pound sterling, 2,000 Bonds 100 Pound sterling, 20,000 Bonds 500 Pound sterling,1,000 Bonds 1,000 Pound sterling, 400 Bonds |
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Coupon rate |
6% Per annum |
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Tenor |
40 Years |
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Form of issue |
Bearer |
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Issue amount |
3,000,000 Pound sterling |
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Issue date |
25 March B.E. 2467 |
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Redemption |
1) Maturity date 25 March2507 2) Redemption by annual drawings in accordance with the amortization table, starting from July2473 3) All the principal remaining can be redeemed after 10 years starting from the issue date |
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