Thailand pivots to shorter-term debt as bond volatility rises

Bloomberg · 9 hours ago
Thailand pivots to shorter-term debt as bond volatility rises
  • Thailand is considering shorter-term instruments to meet government borrowing needs in the fiscal year starting Oct. 1.
  • The Public Debt Management Office is assessing investor demand across maturities and evaluating shorter tenors for newly issued debt.
  • Rising US Treasury yields are driving volatility across global bond markets, prompting the shift in Thailand's borrowing strategy.

Quotes

“The Public Debt Management Office is considering greater use of treasury bills, term loans and promissory notes”— Jindarat Viriyataveekul
“newly issued debt may have shorter tenors”— Jindarat Viriyataveekul

Sources