Article: Thai gov't to issue floating rate debentures

Thai gov't to issue floating rate debentures

BANGKOK, May 14 (Xinhua) -- The Thai government is preparing to issue 300 million US dollars in floating rate debentures to refinance loans from international financial institutions, Finance Minister Suchart Jaovisidha has announced.

Suchart said that the cabinet had passed a resolution revoking an earlier decision to issue global bonds, and would issue the floating rate notes instead, according to a report of ...

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