BOT to raise funds for post-flood rehabilitation by selling government bonds

BANGKOK, November 19 (TNA) - The Bank of Thailand (BOT) on Friday suggested the selling of baht-denominated government bonds to investors to raise funds for post-flood rehabilitation. BOT Governor Prasarn Trairatworakul said the best method is to sell baht-denominated government bonds to investors, as it would be easy to implement. He noted the interest rate of a 10-year government bond is now at 3.44 percent, but for a large credit amount, the interest rate would be slightly higher. Meanwhile, the interest rate of a 10-year dollar-denominated government bond is now at 4.3 percent, he added. (TNA)