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Global Rush for Thai Debt May Cool on BOT Policy, Political Risk.

Authors :
Wong, Marcus
Source :
Bloomberg.com; 8/14/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Foreign investors may become less interested in Thailand's sovereign bonds due to the country's tighter monetary policy compared to its peers and increasing political risk. This is a shift in sentiment after global funds invested $1.7 billion in Thai bonds this quarter, making them one of the best performers in the region. Forecasts for rate cuts in other Asian countries may make their sovereign bonds more appealing than Thai debt. The recent dismissal of Prime Minister Srettha Thavisin by the Constitutional Court has also raised concerns about political risk in Thailand. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
179043100