Page 62 - Annual Report 2552

PDMO PUBLIC DEBT

MANAGEMENT
OFFICE

4. The Permission to Issue Baht-denominated Bonds or Debentures by Foreign Entities in Thailand

To enhance product variety in the domestic bond market to meet the demand of the investors
for qualified and suitable-return bonds which will promote Thai bond market to be the regional fund-raising

source, the Ministry of Finance issued the notification: The Permission to Issue Baht-denominated Bonds
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or Debentures by Foreign Entities in Thailand on 11 April 2006, to permit the issues of Baht-denominated
Bonds or debentures of the international financial institutions, foreign governments, foreign governments’
financial institutions, and the legal entities established under the law of the ASEAN+3 member countries

or other countries with the approval of Minister of Finance.
In the fiscal year of 2009, the Ministry of Finance revised the submission period and the prioritization

of the applications to issue baht-denominated bonds or debentures in the country with the approval of
Minister of Finance as detailed in the Ministry of Finance press release no.84/2008 dated 13 November
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2008. The purpose of the revision was to enhance the efficiency and the flexibility of the approval
process. Submission period will take place four times a year, in February, May, August, and November

contrary to the past that the submission period was only twice a year and the issue must be done within
six months from the date of approval.

According to the new criteria, in the fiscal year of 2009, the Ministry of Finance permitted the
issue of Baht-denominated bonds or debentures in the amount of 32,000 million baht.

Table 6 : Authorisation for Non-Residents to Issue Baht Bond in Thailand in FY 2009

Amount Amount Maturity Interest
Authorised Non- Residents Date of Issuance
(M THB) (M THB) (yrs) (Per Year)

29 June 09 2,200 3 3.40%
Agence Francaise de Development 4,000
29 June 09 1,800 7 4.60%

IBRD 4,000 - - - -
IFC 4,000 - - - -

Kommunalbanken Norway 4,000 - - - -

Nordic Investment Bank 4,000 - - - -

26 June 09 2,000 3 FDR +120
Swedish Export Credit Corporation 4,000
26 June 09 2,000 5 4.25%
Australia and New Zealand Banking - - - -
Corporation 4,000
4 June 09 2,000 4 3.93%
Commonwealth Bank of Australia 4,000
4 June 09 2,000 7 4.80%

รายงานประจำาปี 2552 ANNUAL REPORT 2009 61