NCPO pushes bond sales | Bangkok Post: business

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NCPO pushes bond sales

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The military has asked the Finance Ministry to sell more savings bonds with high interest rates to meet public demand. 

"The NCPO [National Council for Peace and Order] wants to return happiness to people so it wants the Finance Ministry to sell more bonds after the successful sale of two lots worth a combined 30 billion baht," said finance permanent secretary Rungson Sriworasat told Matichon Online.

On July 15, the ministry began selling two lots of savings bonds: one paying a 4.25% coupon rate and has a maturity of seven years and the other paying 4.75% for 10 years.

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