Thai securitisation

pg8-ho-gif

In November, the Thai government launched its first securitisation transaction sold through public offering to both retail and institutional investors.

The deal involved the issue of four tranches of AAA-rated bonds by DAD SPV, a special-purpose vehicle of the Treasury Department of the Ministry of Finance of Thailand, who are backed by future rental income from a 30-year lease on a new government office building in Bangkok.

The retail tranches comprised a THB1.5 billion ($37.4 million) seven-

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: