Latest rice-loan bid sustains demand | Bangkok Post: business

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Latest rice-loan bid sustains demand

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Financial institutions' appetite remained strong at yesterday's second-round auction worth 40 billion baht held by the Bank for Agriculture and Agricultural Cooperatives (BAAC), given that rates were lower than for comparable government bonds. 

Chularat: Low rates again in second batch

The Government Savings Bank (GSB) won a bid to extend 20 billion baht in loans to the state-backed farm bank at a rate of 10 basis points below the six-month Bangkok Interbank Offered Rate (Bibor).

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