BoT cuts July bonds by B60bnThe Bank of Thailand is tapering 60 billion baht out of its July issuance of three-, six- and 12-month bonds. The central bank is cutting its new weekly supply of three-month bonds by 5 billion baht each for five weeks from 40 billion baht issued weekly in June, and reducing the weekly supply of its six-month notes by 5 billion baht each from 45 billion baht in the previous month. The Bank of Thailand’s three- and six-month bonds to be issued this month constitute a total reduction of 50 billion baht, according to the central bank’s bond auction schedule on its website. The three- and six-month notes are to be auctioned on July 2, 9, 15, 23 and 30. The central bank is also scaling back the size of the one-year note issuance scheduled for today by 10 billion baht from June’s 45 billion baht.

Source: Bangkok Post July 01, 2019 13:30 UTC