Firms look to bond market for funds | Bangkok Post: business

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Firms look to bond market for funds

  • Published: | Viewed: 812 | Comments: 0
  • Newspaper section: Business
  • Writer: Oranan Paweewun
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Local companies will likely flock to the debt market for fund-raising as commercial banks tighten their loan approvals and the stock market suffers wold swings, says the Stock Exchange of Thailand (SET). 

Executive vice-president Chanitr Charnchainarong said low interest rates could draw companies to raise fund from the domestic bond market.

The Bank of Thailand's Monetary Policy Committee kept its policy rate unchanged at last Wednesday's meeting after cutting it by a quarter percentage point to 2.25% last November during the final meeting of 2013.

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