BANGKOK, Jan 18 (TNA) – Property developer Sansiri sold its digital bond worth 2 billion baht via Pao Tang app in only 3.38 minutes, becoming the first digital property bond in Asia.

 

Srettha Thavisin, president of Sansiri pcl, said the company started to receive orders for its digital bond today and experienced overwhelming responses from investors including retail ones who had access to the bond as planned.

 

The investors who missed the first opportunity can trade the bond via Pao Tang app around the clock from Jan 21.

 

Full Story: https://tna.mcot.net/english-news-864313

 

-- © Copyright TNA 2022-01-18

 

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Anyone know what the coupon/terms are?

Coupon rate 3.1% p.a.

Min subscription: 1,000 baht with max of 50MB

Duration: 30 months

Apparently the interest coupon is quarterly compounding.