Primary Market Government Bonds

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Key Benefits

Invest in government bonds issued for the first time in the market. The issuers include the Ministry of Finance, the Bank of Thailand and state-owned enterprises. Investors can subscribe during the offering period set by the issuers.

Low-risk investment

as issuers are the Ministry of Finance and state-owned enterprises

Stable cash flows

with regular interest payments; fixed amount and term

Diversified investment risks

as a tool for investment risk management

Primary Market Government Bonds

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Government Savings Bonds with Bond Book

These are debt securities issued by the Ministry of Finance, the Bank of Thailand, and government agencies. The main objective is to offer an investment or savings alternative for Thai individuals, individuals who have residency in Thailand and/or non-profit organizations. Scripless bonds are currently available. Bond holders will receive a bond book as evidence of their bond subscriptions. When the bond reaches maturity, the interest and principal will be automatically credited into their deposit account as notified to the Bank.

Government Retail Bond Aom Plus (without Bond Book)

These are debt securities and Government Retail Bond Aom Plus in a scripless format issued by the Ministry of Finance. The main objective is to offer an investment or savings alternative for Thai individuals. The bonds are currently available for subscription without bond book, and the purchased bond will be deposited into customers’ securities trading account with a securities company, such as Bualuang Securities Public Company Limited.

After bond subscription or bond allotment, the bond will be deposited into customers’ securities trading account under the securities company’s process, method and conditions.

Post-sale transactions, such as changing bond holder’s information, transferring bond units, and making transactions in the secondary market, can be made through the securities company to which customers deposit the bond.

Primary Market Subscription Channels for Government Bonds

Saving Bonds
Retail Bond Aom Plus

Subscriptions are available for Thai individuals, individuals who have residency in Thailand and/or non-profit organizations. The sales channels are as follows:

Bangkok Bank Branches

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Bangkok Bank Mobile Banking

Bangkok Bank Internet Banking

Subscriptions are available for Thai individuals. The sales channels are as follows:

Bangkok Bank Branches

Search Branches

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Open Bond Account

Customers are required to have a bond account to purchase bonds. Customers who do not have a bond holder number (890-x-xxxxx-x) can open a bond account via Bangkok Bank Mobile Banking.

Link Bond Account

Customers who already have a bond holder number (890-x-xxxxx-x) can link to it on Bangkok Bank Mobile Banking.

Buy Bonds

Customers can buy bonds via Bangkok Bank Mobile Banking.

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Open Account for Securities Subscription

Customers are required to have a securities trading account with Bualuang Securities Public Company Limited to subscribe, deposit, and conduct post-sale transactions related to the Retail Bond Aom Plus. (A bond account is not required.)

Customers can open Bualuang Securities Public Company Limited (BLS) securities account on Bangkok Bank Mobile Banking or at any Bangkok Bank branch. For more information, view Introducing Agent Service.

Create Buyer Profile

Customers who already have a securities trading account with Bualuang Securities Public Company Limited can create a buyer profile to subscribe to the Retail Bond Aom Plus (without bond book) via Bangkok Bank Mobile Banking as follows:

Create Buyer Profile

Buy Bonds

Customers can buy bonds via Bangkok Bank Mobile Banking as follows:

Buy Bonds

Additional Information

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Taxation

Individual Investors

The Bank of Thailand will deduct withholding tax every time interest is paid, in accordance with the rates prescribed under the Revenue Code. (Individual interest income is subject to withholding tax of 15%.)
Capital gain is subject to withholding tax of 15%.

Juristic Entities

The Bank of Thailand will deduct withholding tax every time interest is paid, in accordance with the rates prescribed under the Revenue Code.
Capital gain is exempt from withholding tax but will be included in the calculation of net profit for the purpose of company income tax.

Note: The tax conditions are in accordance with the conditions of the Revenue Department.

Investment Risks

Market Risk
The prices of debt securities move in the opposite direction to market interest rates. Therefore, when investors want to sell debt securities prior to maturity and the current market interest rate goes up, they may need to sell at lower prices than that in the market.

Credit Risk
Credit risk is the risk that a debt securities issuer is unable to repay principal and/or interest in a timely manner. This includes the risk that an issuer's credit rating is lowered while their debt security has not reached maturity. Government debt securities have very low credit risk, so their returns tend to be lower than those of corporate debt securities.

Notes

Investments carry risk. Investors must study the product characteristics, returns conditions and risks before deciding to invest. For more information or prospectus request, please call us at 1333 or 0 2645 5555.

Related Investment Options For You

Primary Market Corporate Debentures

Corporate debentures are long-term debt securities issued by private entities to raise capital. They offer higher returns than government bonds commensurable with their higher risk.

Secondary Market Government Saving Bonds

Another option to invest in government saving bonds in the secondary market with low risk and the opportunity to earn consistent returns. We offer a pre-maturity buying service to increase efficiency in managing your investment portfolio.