According to Thailand, "World Journal" reported on April 17, the Thai Ministry of Finance prepared the end of this month, to the insurance industry to sell the first batch of a 30-year bonds, the initial interest rate is not finalized less than 5%. The bonds secured by the Thai Ministry of Finance, zero risk and reasonable return, the forecast will be sold out in a short period of time.
Thai public debt management unit of the Office of Foreign Loan Office for Pottinger and music, Life and the insurance industry to position products, interested in buying the Ministry of Finance issued 30 bonds, the insurance industry to increase investment channels. The Thai government will use these funds for investment MRT project, and official large-scale infrastructure projects.
Thailand, the Ministry of Finance disclosed that the study of the current market interest rates, the initial decision of the bonds will be located in the rate of more than 5 percent, to lock the insurance industry. In the end of this month issued a first public debt, and in June this year to re-introduce the first two, for 2.5 billion baht, the total will reach 50 billion baht.
Muang Thai Life Insurance Company Deputy Managing Director Pajinina said that the Thai Ministry of Finance in particular to the insurance industry to sell a 30-year bonds, in line with the company for low-risk, and can hold 20 to 30 years the demand for securities. Stressed that as long as 30 years of investment securities, in addition to risks, the return on investment is equally important. Thailand has never issued a 30-year bond, investors worried that the rate of return is not high, cost-investment.
Ji Nina, the first one issued bonds only 2.5 billion baht, with nearly 1 trillion of funds of the insurance industry, very small amount of underwriting. If the Ministry of Finance announced at more than 5%, Muang Thai Life Insurance will be happy to buy. The future of such long-term increase in the issuance of bonds, will help stimulate the domestic bond market growth to the type of savings to purchase life insurance in China is still not widespread.
Fei Nansha Life Insurance Managing Director of warm mentioned that the insurance industry funding of up to 8,000 billion baht, and annual increase of more than 100 billion baht. If the Thai Ministry of Finance launched the long-term return on bonds ideal circulation to meet market demand, will consider investment, the risk of these bonds is equal to zero.
Thai Insurance (TIC) marketing manager for the bank said that the Ministry of Finance to insurance companies to sell long-term bonds, the insurance industry will help increase investment channels, to the insurance industry to develop new long-term insurance products.
Thai public debt management unit of the Office of Foreign Loan Office for Pottinger and music, Life and the insurance industry to position products, interested in buying the Ministry of Finance issued 30 bonds, the insurance industry to increase investment channels. The Thai government will use these funds for investment MRT project, and official large-scale infrastructure projects.
Thailand, the Ministry of Finance disclosed that the study of the current market interest rates, the initial decision of the bonds will be located in the rate of more than 5 percent, to lock the insurance industry. In the end of this month issued a first public debt, and in June this year to re-introduce the first two, for 2.5 billion baht, the total will reach 50 billion baht.
Muang Thai Life Insurance Company Deputy Managing Director Pajinina said that the Thai Ministry of Finance in particular to the insurance industry to sell a 30-year bonds, in line with the company for low-risk, and can hold 20 to 30 years the demand for securities. Stressed that as long as 30 years of investment securities, in addition to risks, the return on investment is equally important. Thailand has never issued a 30-year bond, investors worried that the rate of return is not high, cost-investment.
Ji Nina, the first one issued bonds only 2.5 billion baht, with nearly 1 trillion of funds of the insurance industry, very small amount of underwriting. If the Ministry of Finance announced at more than 5%, Muang Thai Life Insurance will be happy to buy. The future of such long-term increase in the issuance of bonds, will help stimulate the domestic bond market growth to the type of savings to purchase life insurance in China is still not widespread.
Fei Nansha Life Insurance Managing Director of warm mentioned that the insurance industry funding of up to 8,000 billion baht, and annual increase of more than 100 billion baht. If the Thai Ministry of Finance launched the long-term return on bonds ideal circulation to meet market demand, will consider investment, the risk of these bonds is equal to zero.
Thai Insurance (TIC) marketing manager for the bank said that the Ministry of Finance to insurance companies to sell long-term bonds, the insurance industry will help increase investment channels, to the insurance industry to develop new long-term insurance products.
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