Thailand’s Public Debt Management Office (PDMO) is set to issue 20 billion THB (540 million USD) in sustainable bonds to institutional investors this year. Thailand’s Public Debt Management Office (PDMO) (Photo: bangkokpost.com)Bangkok (VNA) – Thailand’s Public Debt Management Office (PDMO) is set to issue 20 billion THB (540 million USD) in sustainable bonds to institutional investors this year. Sustainable bonds are a subset of ESG bonds, and the PDMO currently has 467 billion THB in outstanding ESG bonds, accounting for 5.6% of its total bond portfolio. Jindarat confirmed that the PDMO aims to issue ESG bonds annually to establish a benchmark for this type of financial instrument. The Thai Bond Market Association classifies ESG bonds into four categories: green bonds, social bonds, sustainability bonds, and sustainability-linked bonds./.

Source: Bangkok Post June 24, 2024 13:55 UTC