• About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
0 °c
London
3 ° Mon
5 ° Tue
8 ° Wed
8 ° Thu
  • Login
  • Register
Magazine
The Global Economics
  • Banking
    Saudi National Bank Receives Approvals from Shareholders

    Saudi National Bank Receives Approvals from Shareholders

    TymeBank Secures R1.6 Billion from the UK and Philippine Investors

    TymeBank Secures R1.6 Billion from the UK and Philippine Investors

    Saudi Central Bank Launches Instant Payment System Sarie

    Saudi Central Bank Launches Instant Payment System Sarie

    QIB and HSBC Seal the First Islamic Trade Facility Deal at $100 Million

    QIB and HSBC Seal the First Islamic Trade Facility Deal at $100 Million

    Commercial Bank Launches New Payment Feature Through Wearables

    Commercial Bank Launches New Payment Feature Through Wearables

    Kenanga Investment Bank Acquires i-VCAP Management

    Kenanga Investment Bank Acquires i-VCAP Management

    Qatar Islamic Bank Brings New H2H Payment Management Solutions for Corporate Customers

    Qatar Islamic Bank Brings New H2H Payment Management Solutions for Corporate Customers

    Bank ABC Signs Acquisition Deal with Lebanese BLOM Bank for $480 Million

    Bank ABC Signs Acquisition Deal with Lebanese BLOM Bank for $480 Million

    Howden and Steadfast Join Hands to Launch Australian Broking Operation

    Howden and Steadfast Join Hands to Launch Australian Broking Operation

  • Finance
    Valoreo Raises $50 Million to Boost LatAm E-Commerce Sector

    Valoreo Raises $50 Million to Boost LatAm E-Commerce Sector

    Malaysia Aviation Group Obtains Approval for RM3.6 Billion Capital

    Malaysia Aviation Group Obtains Approval for RM3.6 Billion Capital

    Turkey: Behavioral Pattern of FDI in 2020

    Turkey: Behavioral Pattern of FDI in 2020

    PayNow Collaborates with Three E-Wallet Companies for Seamless Fund Transfer

    PayNow Collaborates with Three E-Wallet Companies for Seamless Fund Transfer

    Visa Collaborates with Pliant, Launches Business Credit Card in Germany

    Visa Collaborates with Pliant, Launches Business Credit Card in Germany

    Kuwait-based Agility Invests $35 Million in Queen’s Gambit Growth Capital

    Kuwait-based Agility Invests $35 Million in Queen’s Gambit Growth Capital

    Siemens Healthineers Collaborates with British Hospital Operator in $169 Million Deal

    Siemens Healthineers Collaborates with British Hospital Operator in $169 Million Deal

    Kuaishou Technology All Set to Raise $5.4 Billion in IPO

    Kuaishou Technology All Set to Raise $5.4 Billion in IPO

    Tower Capital Asia Raises $250 Million on First Closing on Southeast Asian Fund

    Tower Capital Asia Raises $250 Million on First Closing on Southeast Asian Fund

  • Technology
    Huawei Launches Regional Center for Asia-Pacific Region

    Huawei Launches Regional Center for Asia-Pacific Region

    MLL Telecom to Provide Broadband to The Kemnal Academics Trust

    MLL Telecom to Provide Broadband to The Kemnal Academics Trust

    Facebook News Launches in the U.K. With New Local and National Partnerships

    Facebook News Launches in the U.K. With New Local and National Partnerships

    UK and Japan Sign £12M Worth Nuclear Decommissioning Deal

    UK and Japan Sign £12M Worth Nuclear Decommissioning Deal

    Ethio Telecom Reports 12% Growth in H1 Revenue Worth $693 Million

    Ethio Telecom Reports 12% Growth in H1 Revenue Worth $693 Million

    Nokia Bags 5G Contract from Proximus Luxembourg

    Nokia Bags 5G Contract from Proximus Luxembourg

    Cisco Acquires Two European Companies to Boost User Engagement

    Cisco Acquires Two European Companies to Boost User Engagement

    Amazon Launches IP Accelerator for SMBs Across Europe

    Amazon Launches IP Accelerator for SMBs Across Europe

    US Government Grants Qualcomm Permission to Sell 4G Chips to Huawei

    US Government Grants Qualcomm Permission to Sell 4G Chips to Huawei

  • Insurance
    PSC Insurance Group Acquires Two UK-based Brokers for $66 Million

    PSC Insurance Group Acquires Two UK-based Brokers for $66 Million

    Aviva Sells French Operation to Aéma Groupe for €3.2 Billion

    Aviva Sells French Operation to Aéma Groupe for €3.2 Billion

    Insurtech Igloo Joins Hands with Surety Broker Philinsure

    Insurtech Igloo Joins Hands with Surety Broker Philinsure

    Apax Partners Acquires PIB Group from Carlyle Group Ownership

    Apax Partners Acquires PIB Group from Carlyle Group Ownership

    QIIG and SAP Partner up on Digital Transformation Deal

    QIIG and SAP Partner up on Digital Transformation Deal

    UnitedHealth’s Optum Signs Acquisition Deal for Change Healthcare for $13 Billion

    UnitedHealth’s Optum Signs Acquisition Deal for Change Healthcare for $13 Billion

    Prudential Vietnam and SeABank Extend Bancassurance Partnership

    Prudential Vietnam and SeABank Extend Bancassurance Partnership

    French Insurer AXA Sells Gulf Business for $269 Million

    French Insurer AXA Sells Gulf Business for $269 Million

    Aviva Plc Sells Italian Life Insurance Venture to Partner UBI Banca

    Aviva Plc Sells Italian Life Insurance Venture to Partner UBI Banca

  • Energy
    Japanese Energy Firm Mitsubishi to Provide Wind Power to Amazon’s European Facilities

    Japanese Energy Firm Mitsubishi to Provide Wind Power to Amazon’s European Facilities

    UAE Institutions Join World Logistics Passport to Foster Trade Growth

    UAE Institutions Join World Logistics Passport to Foster Trade Growth

    BIS Launches Second Green Bond Investment Fund for Central Banks

    BIS Launches Second Green Bond Investment Fund for Central Banks

    DP World Signs Agreement to Develop New Superport in Senegal

    DP World Signs Agreement to Develop New Superport in Senegal

    Macquarie Approves £3 Billion Funding of U.K. Green Projects

    Macquarie Approves £3 Billion Funding of U.K. Green Projects

    PT PJBI and Masdar Establish Joint Venture for First Indonesian Floating Solar Power Plant

    PT PJBI and Masdar Establish Joint Venture for First Indonesian Floating Solar Power Plant

    Petrobras Emphasizes Carbon Cuts as Equinor Considers Offshore Renewables

    Petrobras Emphasizes Carbon Cuts as Equinor Considers Offshore Renewables

    Abu Dhabi Gives Green Signal to ADNOC to Bolster Muruban Futures

    Abu Dhabi Gives Green Signal to ADNOC to Bolster Muruban Futures

    Australia’s NSW Reveals $23 Billion Renewable Energy Boost

    Australia’s NSW Reveals $23 Billion Renewable Energy Boost

  • Real Estate
    Aegon AM Launches U.K. Real Estate Fund for DC Pension Investors

    Aegon AM Launches U.K. Real Estate Fund for DC Pension Investors

    Abu Dhabi and Aldar Properties Join Hands to Develop $12.25 Billion Worth of Projects

    Abu Dhabi and Aldar Properties Join Hands to Develop $12.25 Billion Worth of Projects

    What Brexit Means for Property Market: Key Issues in 2021

    What Brexit Means for Property Market: Key Issues in 2021

    BNP Paribas REIM Acquires Nursing Home Property for European HPF Fund

    BNP Paribas REIM Acquires Nursing Home Property for European HPF Fund

    Alter Domus Partners with Yardi to Improve Real Estate Operations

    Alter Domus Partners with Yardi to Improve Real Estate Operations

    Abu Dhabi’s ADQ and Aldar Sign MoU for Emirate’s Projects

    Abu Dhabi’s ADQ and Aldar Sign MoU for Emirate’s Projects

    Invesco Real Estate Acquires GAM Investment Property Debt Fund Finance

    Invesco Real Estate Acquires GAM Investment Property Debt Fund Finance

    Aviva Investors to Invest GBP 10 Billion into UK Real Estate for Next Three Years

    Aviva Investors to Invest GBP 10 Billion into UK Real Estate for Next Three Years

    Saudi Arabia Imposes 5% Tax, Exempts VAT from Property Deals

    Saudi Arabia Imposes 5% Tax, Exempts VAT from Property Deals

  • Awards
  • FeatureNew
No Result
View All Result
  • Banking
    Saudi National Bank Receives Approvals from Shareholders

    Saudi National Bank Receives Approvals from Shareholders

    TymeBank Secures R1.6 Billion from the UK and Philippine Investors

    TymeBank Secures R1.6 Billion from the UK and Philippine Investors

    Saudi Central Bank Launches Instant Payment System Sarie

    Saudi Central Bank Launches Instant Payment System Sarie

    QIB and HSBC Seal the First Islamic Trade Facility Deal at $100 Million

    QIB and HSBC Seal the First Islamic Trade Facility Deal at $100 Million

    Commercial Bank Launches New Payment Feature Through Wearables

    Commercial Bank Launches New Payment Feature Through Wearables

    Kenanga Investment Bank Acquires i-VCAP Management

    Kenanga Investment Bank Acquires i-VCAP Management

    Qatar Islamic Bank Brings New H2H Payment Management Solutions for Corporate Customers

    Qatar Islamic Bank Brings New H2H Payment Management Solutions for Corporate Customers

    Bank ABC Signs Acquisition Deal with Lebanese BLOM Bank for $480 Million

    Bank ABC Signs Acquisition Deal with Lebanese BLOM Bank for $480 Million

    Howden and Steadfast Join Hands to Launch Australian Broking Operation

    Howden and Steadfast Join Hands to Launch Australian Broking Operation

  • Finance
    Valoreo Raises $50 Million to Boost LatAm E-Commerce Sector

    Valoreo Raises $50 Million to Boost LatAm E-Commerce Sector

    Malaysia Aviation Group Obtains Approval for RM3.6 Billion Capital

    Malaysia Aviation Group Obtains Approval for RM3.6 Billion Capital

    Turkey: Behavioral Pattern of FDI in 2020

    Turkey: Behavioral Pattern of FDI in 2020

    PayNow Collaborates with Three E-Wallet Companies for Seamless Fund Transfer

    PayNow Collaborates with Three E-Wallet Companies for Seamless Fund Transfer

    Visa Collaborates with Pliant, Launches Business Credit Card in Germany

    Visa Collaborates with Pliant, Launches Business Credit Card in Germany

    Kuwait-based Agility Invests $35 Million in Queen’s Gambit Growth Capital

    Kuwait-based Agility Invests $35 Million in Queen’s Gambit Growth Capital

    Siemens Healthineers Collaborates with British Hospital Operator in $169 Million Deal

    Siemens Healthineers Collaborates with British Hospital Operator in $169 Million Deal

    Kuaishou Technology All Set to Raise $5.4 Billion in IPO

    Kuaishou Technology All Set to Raise $5.4 Billion in IPO

    Tower Capital Asia Raises $250 Million on First Closing on Southeast Asian Fund

    Tower Capital Asia Raises $250 Million on First Closing on Southeast Asian Fund

  • Technology
    Huawei Launches Regional Center for Asia-Pacific Region

    Huawei Launches Regional Center for Asia-Pacific Region

    MLL Telecom to Provide Broadband to The Kemnal Academics Trust

    MLL Telecom to Provide Broadband to The Kemnal Academics Trust

    Facebook News Launches in the U.K. With New Local and National Partnerships

    Facebook News Launches in the U.K. With New Local and National Partnerships

    UK and Japan Sign £12M Worth Nuclear Decommissioning Deal

    UK and Japan Sign £12M Worth Nuclear Decommissioning Deal

    Ethio Telecom Reports 12% Growth in H1 Revenue Worth $693 Million

    Ethio Telecom Reports 12% Growth in H1 Revenue Worth $693 Million

    Nokia Bags 5G Contract from Proximus Luxembourg

    Nokia Bags 5G Contract from Proximus Luxembourg

    Cisco Acquires Two European Companies to Boost User Engagement

    Cisco Acquires Two European Companies to Boost User Engagement

    Amazon Launches IP Accelerator for SMBs Across Europe

    Amazon Launches IP Accelerator for SMBs Across Europe

    US Government Grants Qualcomm Permission to Sell 4G Chips to Huawei

    US Government Grants Qualcomm Permission to Sell 4G Chips to Huawei

  • Insurance
    PSC Insurance Group Acquires Two UK-based Brokers for $66 Million

    PSC Insurance Group Acquires Two UK-based Brokers for $66 Million

    Aviva Sells French Operation to Aéma Groupe for €3.2 Billion

    Aviva Sells French Operation to Aéma Groupe for €3.2 Billion

    Insurtech Igloo Joins Hands with Surety Broker Philinsure

    Insurtech Igloo Joins Hands with Surety Broker Philinsure

    Apax Partners Acquires PIB Group from Carlyle Group Ownership

    Apax Partners Acquires PIB Group from Carlyle Group Ownership

    QIIG and SAP Partner up on Digital Transformation Deal

    QIIG and SAP Partner up on Digital Transformation Deal

    UnitedHealth’s Optum Signs Acquisition Deal for Change Healthcare for $13 Billion

    UnitedHealth’s Optum Signs Acquisition Deal for Change Healthcare for $13 Billion

    Prudential Vietnam and SeABank Extend Bancassurance Partnership

    Prudential Vietnam and SeABank Extend Bancassurance Partnership

    French Insurer AXA Sells Gulf Business for $269 Million

    French Insurer AXA Sells Gulf Business for $269 Million

    Aviva Plc Sells Italian Life Insurance Venture to Partner UBI Banca

    Aviva Plc Sells Italian Life Insurance Venture to Partner UBI Banca

  • Energy
    Japanese Energy Firm Mitsubishi to Provide Wind Power to Amazon’s European Facilities

    Japanese Energy Firm Mitsubishi to Provide Wind Power to Amazon’s European Facilities

    UAE Institutions Join World Logistics Passport to Foster Trade Growth

    UAE Institutions Join World Logistics Passport to Foster Trade Growth

    BIS Launches Second Green Bond Investment Fund for Central Banks

    BIS Launches Second Green Bond Investment Fund for Central Banks

    DP World Signs Agreement to Develop New Superport in Senegal

    DP World Signs Agreement to Develop New Superport in Senegal

    Macquarie Approves £3 Billion Funding of U.K. Green Projects

    Macquarie Approves £3 Billion Funding of U.K. Green Projects

    PT PJBI and Masdar Establish Joint Venture for First Indonesian Floating Solar Power Plant

    PT PJBI and Masdar Establish Joint Venture for First Indonesian Floating Solar Power Plant

    Petrobras Emphasizes Carbon Cuts as Equinor Considers Offshore Renewables

    Petrobras Emphasizes Carbon Cuts as Equinor Considers Offshore Renewables

    Abu Dhabi Gives Green Signal to ADNOC to Bolster Muruban Futures

    Abu Dhabi Gives Green Signal to ADNOC to Bolster Muruban Futures

    Australia’s NSW Reveals $23 Billion Renewable Energy Boost

    Australia’s NSW Reveals $23 Billion Renewable Energy Boost

  • Real Estate
    Aegon AM Launches U.K. Real Estate Fund for DC Pension Investors

    Aegon AM Launches U.K. Real Estate Fund for DC Pension Investors

    Abu Dhabi and Aldar Properties Join Hands to Develop $12.25 Billion Worth of Projects

    Abu Dhabi and Aldar Properties Join Hands to Develop $12.25 Billion Worth of Projects

    What Brexit Means for Property Market: Key Issues in 2021

    What Brexit Means for Property Market: Key Issues in 2021

    BNP Paribas REIM Acquires Nursing Home Property for European HPF Fund

    BNP Paribas REIM Acquires Nursing Home Property for European HPF Fund

    Alter Domus Partners with Yardi to Improve Real Estate Operations

    Alter Domus Partners with Yardi to Improve Real Estate Operations

    Abu Dhabi’s ADQ and Aldar Sign MoU for Emirate’s Projects

    Abu Dhabi’s ADQ and Aldar Sign MoU for Emirate’s Projects

    Invesco Real Estate Acquires GAM Investment Property Debt Fund Finance

    Invesco Real Estate Acquires GAM Investment Property Debt Fund Finance

    Aviva Investors to Invest GBP 10 Billion into UK Real Estate for Next Three Years

    Aviva Investors to Invest GBP 10 Billion into UK Real Estate for Next Three Years

    Saudi Arabia Imposes 5% Tax, Exempts VAT from Property Deals

    Saudi Arabia Imposes 5% Tax, Exempts VAT from Property Deals

  • Awards
  • FeatureNew
No Result
View All Result
The Global Economics
No Result
View All Result
Home Trending

Thailand’s Finance Ministry Plans to Sell $1.59 Billion Worth Government Bonds

The offering aims at taking the edge off the 1-trillion-baht borrowing plan due to coronavirus pandemic fallout

The Global Economics by The Global Economics
August 21, 2020
in Trending, Banking
Reading Time: 2min read
0
Thailand’s Finance Ministry Plans to Sell $1.59 Billion Worth Government Bonds
0
SHARES
15
VIEWS
Share on FacebookShare on TwitterShare on Reddit

The Finance Ministry of Thailand has decided to sell 50-billion-baht ($1.59 billion) worth of government savings bonds to the public in the following week to boost the country’s economy recovery.

According to the director-general, Public Debt Management Office (PDMO) Patricia Mongkhonvanit the amount of borrowing will be evaluated with the level of revenues, expenditures, and treasury reserves.

The proceeds will focus on the financing for the budget deficit, and not the coronavirus responses, Patricia added. The PDMO had withdrawn a sum of 338 billion baht under the 1 trillion baht emergency fund.

The bonds will be split in two tranches- 45 billion baht of seven-year bonds with a 2.2% coupon and 5 billion baht of four-year bonds with 1.7% coupon.

Further, the level of borrowing would be gauged by the government if the revenue collection falls by about 300 billion baht or below the target of 9%. As per PDMO, the ratio of public debt to GDP will be reconsidered and increased to 52.4% from the current 45.8% in case the government borrows the full loan amount.

Depending on the GDP growth of Thailand, the ratio of the public debt to that of GDP is expected to grow to 57.8% for the fiscal 2021.

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
The Global Economics

The Global Economics

Related Posts

Nippon Express Launches China-Europe Cross-Border Freight Service
Transportation

Nippon Express Launches China-Europe Cross-Border Freight Service

by The Global Economics
March 4, 2021
Saudi National Bank Receives Approvals from Shareholders
Banking

Saudi National Bank Receives Approvals from Shareholders

by The Global Economics
March 2, 2021
TymeBank Secures R1.6 Billion from the UK and Philippine Investors
Banking

TymeBank Secures R1.6 Billion from the UK and Philippine Investors

by The Global Economics
March 1, 2021
Aviva Sells French Operation to Aéma Groupe for €3.2 Billion
Insurance

Aviva Sells French Operation to Aéma Groupe for €3.2 Billion

by The Global Economics
February 24, 2021
Malaysia Aviation Group Obtains Approval for RM3.6 Billion Capital
Finance

Malaysia Aviation Group Obtains Approval for RM3.6 Billion Capital

by The Global Economics
February 23, 2021
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Facebook Twitter Instagram Youtube LinkedIn
The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice

norton verified - the global economics

Latest Posts

Nippon Express Launches China-Europe Cross-Border Freight Service

Nippon Express Launches China-Europe Cross-Border Freight Service

March 4, 2021
PSC Insurance Group Acquires Two UK-based Brokers for $66 Million

PSC Insurance Group Acquires Two UK-based Brokers for $66 Million

March 4, 2021
Saudi National Bank Receives Approvals from Shareholders

Saudi National Bank Receives Approvals from Shareholders

March 2, 2021

Follow on Twitter

All Rights Reserved © 2020 | The Global Economics, Business Finance Publication - Website by Aapta

No Result
View All Result
  • About us
  • Advertise
  • Awards
  • Contact
  • Nominate
  • Client’s Voice
  • Feature Your Business
  • Magazine
  • Login
  • Sign Up

All Rights Reserved © 2020 | The Global Economics, Business Finance Publication - Website by Aapta

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version