​Interest Payment and Redemption​

The BOT will pay interest to the holders as details listed below.

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.

In a case where the interest payment date falls on the issu​er holiday or the BOT holiday, the payment will be made on the next working day.

Money (coupon interest) will be transferred to the  holder’s bank account (except fixed deposit account) as informed by the holder.

There may be fund transfer fees imposed by bank in which the rate may vary from bank to bank.

Withholding tax will be deducted as specified in the Revenue Code e.g. 15 percent for individual and 1 percent for corporate.

The withholding tax certificate and interest-payment slip will be sent to the holder by mail before the interest payment date.​

After the debt securities reach maturity, they earn no interest. The BOT will repay principal to the holders when the debt security reaches its maturity. The details are as follows:

1. The holder can redeem principal according to the type of debt securities for which the BOT serves as a registrar.

Debt securities held in scrip form​

​ Long-term, interest bearing debt securities

The BOT will, prior to the maturity date, send the "Principal Redemption Form" to the holders so that they follow the instructions for redemption procedure attached therewith . That is, the holder returns the completed "Principal Redemption Form" along with a certificate of debt security  and related documents to the BOT. Upon receiving all documents, the BOT will proceed to transfer money to the deposit account specified by the holder on the maturity date.

 Short-term, non-interest bearing debt securities 

The BOT will attach the "Principal Redemption Form"  when issuing  a certificate of debt security  to the holders  so that they follow the instructions for redemption procedure. That is, the holder returns the completed "Principal Redemption Form" along with a certificate of debt security and related documents to the BOT. Upon receiving all documents, the BOT will proceed to transfer money via BAHTNET system to the deposit account specified by the holder on the maturity date.

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Debt securities  deposited  with the Thailand's Securities Depository (TSD)

In a case where debt securities of any type are deposited with the Thailand's Securities Depository (TSD), the BOT will transfer fund to bank account according to the information obtained from the TSD. If you have any question, please contact your broker or custodian.

For short-term, non-interest bearing debt securities.  The BOT will transfer money via​​ BAHTNET system to the deposit account as informed by the TSD.

2. Money (principal) will be transferred to the  holder's bank account (except special savings and fixed deposit account) as specified by the holder.

3. Fund transfer fees

Normal transfer:   No fees.

Transfer via BAHTNET system:  The fees are various starting from 100 to 850 Baht.

4. In a case where the principal payment date falls on the issuer holiday or the BOT holiday, the payment will be made on the next working day.​

Book closing for interest payment and redemption of government debt securities for which the Bank of Thailand serves as a registrar are as follows:

​1. Book Closing for Interest Payment

​Interest payment in each period is made to those whose name is registered as the owner on the last working daybefore book closing date.  

The book closing date for interest payment can be divided as follows:

​5 working days before interest payment date in case of THOR-linked floating-rate bonds. 

10 days before interest payment date in case of coupon bonds.

30 days before interest payment date in case of savings bonds.

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​2. Book Closing for Redemption

Principal payment will be made to those whose name is registered as the owner on the last working day before book closing date for redemption. During the book-closing period for redemption, debt securities cannot be transferred, used as collateral or pledged, as well as profile change is not allowed. 

​The book closing date for redemption can be divided as follows:

1 working day before redemption date in case of zero-coupon bonds.  ​

​5 working days before redemption date in case of THOR-linked floating-rate bonds. 

10 days before redemption date in case of coupon bonds.

30 days before redemption date in case of savings bonds.

For further inquiries

Bond Payment Operation Team

Tel. 0-2283-6343