Thai linker issue pushed back to end of June

Mandate may be awarded to mix of foreign and local banks, PDMO official says


Thailand's Public Debt Management Office (PDMO) has delayed the launch of the country's inaugural inflation-linked bond, with officials now expecting to issue at the end of June.

Plans to issue a 10-year linker have been in the pipeline for some time, and the PDMO stated earlier this year that sale of up to 40 billion baht ($1.32 billion) worth of the notes would commence in May. That deadline has been pushed back, owing to a delay in selecting the banks that will structure, underwrite and sell

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