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PDMO PUBLIC DEBT
MANAGEMENT
OFFICE
2.2 Debt Management
1) Government Debt
1.1) Rollover T-bill borrowing for cash management, total amount of 80,000 million Baht and
rollover T-bill borrowing for budget deficit during FY 1999-2004, total amount of 67,000 million Baht. T-bill
borrowing for budget deficit was then converted to long-term bond total amount of 19,000 million Baht.
1.2) Rollover government bond worth 40,000 million Baht through bridge financing by
borrowing short term from 5 financial institutions. Later on, 2,260 million Baht of short term borrowing
was repaid and the remaining was converted to 3 series of government bonds total amount of 37,740
million Baht. As a result, outstanding debt was reduced by 2,260 million Baht.
1.3) Matured government bond of 41,700 million Baht was partially repaid by 11,700 million Baht
and the remaining 30,000 million Baht was rollover through bridge financing with 4 financial institutions.
Later on, 3 series of government bonds total amount of 30,000 million Baht were issued to repay short
term borrowing.
1.4) Prepayment of PN in the amount of 22,000 million Baht. As a result, the amount of outstanding
debt and interest payment were reduced by 22,000 million Baht and 1,132.27 million Baht respectively.
1.5) Matured FIDF1 bond of 50,000 million Baht was repaid by 0.8 million Baht and the remaining
was rollover by advanced money from the Ministry of Finance’s deposit account (6,304 million Baht) and
was rollover through bridge financing (43,695.20 million Baht). Later on, Ministry of Finance paid back
advanced money in the deposit account and converted short term borrowing to government bond total
amount of 49,999.20 million Baht.
1.6) Matured FIDF3 bond of 54,245.73 million Baht was repaid by 6,083.73 million Baht and
the remaining was rollover by long term borrowing (23,162 million Baht), short term borrowing (13,934.64
million Baht) and advanced money from Ministry of Finance’s deposit account (11,065.36 million Baht).
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