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Dollar bond sales to be revived

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The Thai government is preparing to revive sales of dollar-denominated bonds and plans to issue the first such notes since 2006 next year, according to the Public Debt Management Office. 

The government will offer $1 billion to $1.5 billion worth of five- or 10-year securities in 2014 and will continue with dollar-bond issues every year over the next decade, said Chularat Suteethorn.

The timing of next year's sale would depend on whether political tensions abate, and on the outlook for US interest rates and the baht, she added.

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