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Loan Bond B.E. 2485 (Gold Bond) |
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Loan Bond B.E. 2485 (Gold Bond) |
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Authorized by |
The Domestic Loan Act B.E. 2485 and the Ministerial Regulation (No.5) dated 17 May B.E. 2486 |
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Objectives |
To offset the treasury reserve’s expenditures spent according to the Budget Act |
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Denominations |
50Baht, 40,000 Bonds 100 Baht, 10,000 Bonds 1,000 Baht, 10,000 Bonds 10,000 Baht,1,700 Bonds |
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Coupon rate |
3% Per annum |
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Tenor |
8 Years |
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Form of issue |
Bearer with option to deliverand register with the Bank of Thailand |
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Issue amount |
30,000,000 Baht |
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Issue date |
24 June 2486 – 10 June 2487 |
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Redemption |
1) Maturity date 24 June2494 2) The bond can be redeemed before maturity after 24 June2490 3) For principal redemption, bondholders have the right to receive gold instead of cash, by giving three months’ notice before maturity date. |
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