The BOT will pay interest to the holders as details listed below.
1. Interest payment date, coupon rate and interest calculation method are in accordance with the issuer’s notification of each issue, e.g. two equal interest payments a year or twice a year calculated on the basis of the number of days in each period.
2. In a case where the interest payment date falls on the issuer holiday or the BOT holiday, the payment will be made on the next working day.
3. Money (coupon interest) will be transferred to the holder’s bank account (except fixed deposit account) as informed by the holder.
4. There may be fund transfer fees imposed by bank in which the rate may vary from bank to bank.
5. Withholding tax will be deducted as specified in the Revenue Code e.g. 15 percent for individual and 1 percent for corporate.
6. The withholding tax certificate and interest-payment slip will be sent to the holder by mail before the interest payment date.