Thailand’s Public Debt Office Announces New Sustainability-Linked Bond Issuance

According to a report by Khaosod Online Thailand, the Public Debt Management Office (PDMO) is preparing to launch its second series of Sustainability-Linked Bonds (SLB), designated as SLB425A. Director Jindarat Viriyataveekul stated that the issuance, valued at approximately 15 billion baht, will have a maturity period of 15 years.

This initiative is scheduled for mid-September. Unlike traditional sustainability bonds that are tied to specific projects, these SLBs are designed to support the 2026 fiscal budget deficit. The bond terms include Key Performance Indicators (KPIs) aligned with national policy goals, rather than project-specific requirements. The PDMO noted that the 15 billion baht figure is considered sufficient based on current market conditions and investor demand.

For residents and those monitoring Thailand’s economic landscape, this move reflects the government's ongoing strategy to integrate sustainability metrics into national debt management. While the issuance is intended to cover budget requirements, the specific KPIs and the final interest rates remain to be confirmed as the mid-September launch date approaches. Investors and observers should monitor official PDMO announcements for further details regarding the subscription process and final terms.