On August 19, the sale of “savings bonds” will be launched through 6 banks with a credit limit of 25 trillion.

Mr. Phachara Anantasin, Director of the Public Debt Management Office (PDO), revealed that the PDO will open the sale of savings bonds from the Ministry of Finance in fiscal year 2024 for the second time to the public again with a maximum of 25,000 million baht through six commercial banks: Bangkok Bank Public Company Limited, Krung Thai Public Company Limited, Kasikorn Bank Public Company Limited, Siam Commercial Bank Public Company Limited, Bank of Ayudhya Public Company Limited, and CIMB Bank Thai Public Company Limited.

People will be able to start subscribing from August 19 to 21, 2024 with a credit limit of 25,000 million baht for two age groups: a 5-year model with a fixed interest rate of 3.0% per annum and a 10-year model with a fixed interest rate of 3.4% per annum and there is no maximum subscription amount.

People can come and book daily from 8:30 am on August 19, 2024 to 3:00 pm on August 21, 2024 and SBP will allocate the small quantity first (gradual allocation of bonds around. Circulate until all buyers are completed) in multiples of 1,000 baht per round, which is the order of booking first and then last. It does not affect the allocation. Each participant will get a comprehensive allocation of savings bonds.

If the amount of bonds to be allocated in the final round is not sufficient to be allocated to all buyers, the computer system will allocate bonds in the final round in a random manner until the distribution amount is reached.

Subscribers will know the results of the allocation of bonds and will get their money back. In case the bonds are not allocated or are not fully allocated according to the subscription amount on August 22, 2024 (details and terms of sale according to the Savings Bonds Sale Document issued by the Ministry of Finance)

It will also be sold to non-profit entities designated by the Ministry of Finance. Through the merchant bank, you will be able to purchase from August 26 to 27, 2024, with a credit limit of 5,000 million baht, a term of 10 years, a fixed interest rate of 3.00 percent per annum, and no limit on the purchase amount. Allocated on a first-come, first-served basis.