The Bank of Thailand will raise the minimum auction sizes for 3-month and 1-year bills in 2024 as short-term bond demand returns to normal levels.
For 2024, the bond issuance programme considers the projected liquidity condition in the market, the expected demand for public debt securities and the overall public sector bond supply. To this end, the BOT and the Public Debt Management Office (PDMO) have been collaborating closely on bond issuance, in order to maintain an appropriate level of overall public sector bond supply throughout the year.
Moreover, the BOT will continue to promote the development of THOR, Thai Overnight Repurchase Rate, as a reference rate by regularly issuing the floating-rate bonds (FRB) linked to THOR.
BOT Bond Auction Schedules for 2024
Types of Bonds and Bills 1/ | Auction Days | Auction Frequency |
1. Bills | ||
– 3-month | Tuesday | Weekly |
– 1-year | Tuesday | Monthly |
2. Fixed-coupon Bonds | ||
– 2-year | Thursday | Every odd month |
3. THOR-linked Floating-rate Bonds (FRB) | ||
– 6-month | Thursday | Monthly |
– 1-year | Thursday | Monthly |
– 2-year | Thursday | Every even month |
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