AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Issuer reassures investors of low risk.
Byline: Soonruth Bunyamanee
Oct. 1--The issuer of bonds to finance the losses incurred by the state Oil Fund, has affirmed to prospective investors that the debt instruments would carry low risks.
The Energy Fund Administration Institute (EFAI), which launched the 24.6-billion-baht bond issue, said the government would grant 12 billion baht worth of interest-free loans to the issuer if it faced a financial crunch.
The issue was more than two times oversubscribed by institutional investors when it was launched on Wednesday. Retail investors can subscribe to 13.2 billion baht in bonds from Oct 10-12 at Krung Thai Bank, Siam City Bank and TMB ...
- Bangkok Post, Thailand, business briefs column.(Column)
- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 25, 2007 700+ words
...to raise funds to enable the state Oil Fund to stabilise retail oil prices. To see more of the Bangkok Post, or to subscribe to the newspaper...bangkokpost.com. Copyright (c) 2007, Bangkok Post, Thailand Distributed by McClatchy...
- Bangkok Post, Thailand, business briefs column.(Financial report)(Column)
- Newspaper article from: Bangkok Post (Bangkok, Thailand) September 18, 2007 700+ words
...752.68 million baht. OIL FUND TO PAY BILLS: The government...gasoline sales to the state Oil Fund and 1.50 baht for every...Dr Chalongphob said the Oil Fund would fully pay back its...reference. To see more of the Bangkok Post, or to subscribe to the...
- Bangkok Post, Thailand, business briefs column.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) August 30, 2006 700+ words
...to the state-managed oil fund, which has debts exceeding...shareholder to clear the oil fund's debts. Over the...To see more of the Bangkok Post, or to subscribe to...Copyright (c) 2006, Bangkok Post, Thailand Distributed...
- Oil fund could pay for more mass transit.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) September 11, 2007 700+ words
...investments once the Oil Fund become debt-free at...Revenues received by the Oil Fund go to subsidising cooking...baht in revenues for the Oil Fund each month. The fund...To see more of the Bangkok Post, or to subscribe to...
- Rule Changes Will Help Shore Up Oil Fund in Thailand.
- Newspaper article from: Knight Ridder/Tribune Business News April 20, 2004 700+ words
Bangkok Post, Thailand Knight...the depleted state oil fund. The fund has spent...lending it to the oil fund, which pays 2...subsidies began, the oil fund had a reserve of...see more of the Bangkok Post, or to subscribe...
- Levy raised to refill empty oil fund coffers in Thailand.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) December 23, 2004 700+ words
...replenishing the state oil fund has been quietly raised...billion-baht debt the oil fund has incurred by subsidising...margins for settling the oil fund's deficit, the government...To see more of the Bangkok Post, or to subscribe to...
- State Oil Fund looks to invest overseas.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) April 20, 2006 700+ words
...Praiwan Apr. 20--The State Oil Fund could initiate investments...Planning Office, said the oil fund should take a greater role...the new role for the State Oil Fund to the new government for consideration...Ahmadinejad said. To see more of the Bangkok Post, or to ...
- Oil fund to start backing mass transit.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) April 6, 2007 700+ words
...body set up to run the oil fund. The fund began subsidising...Siwanan said that once the oil fund was debt-free next March...conservation, he said. No new oil fund will be established when...added. To see more of the Bangkok Post, or to subscribe to the...
Source: HighBeam Research, Issuer reassures investors of low risk.