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The $45 billion “Happy to Save” series of bonds was sold through 4 banks.

On December 13, 2022, Ms. Ratchada Thanadirek, Deputy Spokesperson of Prime Minister’s Office, revealed that after the government by the Ministry of Finance Launch of Happy Savings Model savings bonds with a total amount of 60,000 million baht from December 7, 2022. There are two distribution channels: sale of bonds through the SCB portfolio, in the amount of 15,000 million baht, which are sold out. and sold through resellers to the public, to the tune of 45,000 million baht

Ms. Radcha said that in terms of selling through banks Finance Ministry Announces Launch of Savings Bonds Happy to Save Through 4 Concessionary Banks, namely Bangkok Bank Krung Bank Thai Bank Casikorn Bank and Siam Commercial Bank As of today , divided into 2 groups:

1. general public Subscriptions can be made between December 13 and 14, 2022, with a limit of 40,000 million baht, no limit on the subscription amount. The Public Debt Management Office will assign in the form of Small Lot First, in which the subscriber will be assigned bonds with 2 maturities:

  • 3-year term, fixed interest rate of 2.30% per annum.
  • Duration 10 years, fixed rate of 3.00% per annum

2. A non-profit organization designated by the Ministry of Finance. It can be purchased between December 19 and 20, 2022, with a credit limit of 5,000 million baht, with a term of 10 years, a fixed interest rate of 2.90% per annum, and no purchase limit. The OCPB will allocate on a first come, first served basis.

The deputy government spokesman specified that those interested should ask for terms and conditions and distribution methods from all four banks or from the Public Debt Management Office. Tel. 0-2271-7999 ext. 5809 or Tel. 0-2265-8050 ext. 5307.

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