Thailand plans to issue $148 million tokenized bonds by October
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2025-02-20 18:05 4,238
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According to LEDgerinsights, Thailand's Finance Minister Pichai Chunhavajira said that the government plans to issue 5 billion baht (US$148 million) government bonds directly to the public before the end of this fiscal year (September 30). The initial issuance will be considered a sandbox project and can be traded on the digital bond platform.
The minister said: "We will involve retail investors regardless of their financial situation. They can invest as much as possible, buy and sell directly on the platform, bypassing the traditional bank counter. There are many platforms available at present, along with the private sector. With the participation of the department, we expect the management costs to be reduced, with investment amounts of up to 1,000 baht."
In addition, the minister said the government is considering merging the Securities Act with the Digital Assets Act.