Thailand to sell US$1.57bil govt savings bonds for support measures


BANGKOK, June 26 (Reuters): Thailand will sell 50 billion baht (US$1.57 billion) of government savings bonds next month to finance relief measures, the finance ministry has announced as the South-East Asia nation battles its biggest coronavirus outbreak so far.

The proceeds will be for spending measures, including a co-payment scheme and cash handouts for low-income people, Patricia Mongkhonvanit, head of the ministry's public debt management office, told a briefing.

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Thailand , Sell , Govt Bonds , Covid-19 , Raising Funds

   

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