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Bond market to grow by 50%: 'Market will become more international'.

Bangkok Post (Bangkok, Thailand)

| February 03, 2006 | COPYRIGHT 2006 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Darana Chudasri

Feb. 3--The bond market is expected to explode this year, with the growth of new issues projected at 50 percent according to the Thai Bond Market Association.

Association president Nattapol Chavalitcheevin said last year saw the bond market grow by 43 percent to 1.95 trillion baht in new issues, including seven billion baht worth of baht-denominated debt by foreign issuers.

Total debt outstanding in the bond market now is around 3.3 trillion baht.

Mr Nattapol said given current trends, the size of the market was likely to double within five years.

"We will see several new trends in the bond market this ...

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Source: HighBeam Research, Bond market to grow by 50%: 'Market will become more international'.

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