Bma Bonds Worth Buying?

[thailandlover]

I saw this in the Nation recently and it made me consider bonds in Thailand.

BMA to issue Bt20-billin bonds to raise fund for train project

The Bangkok Metropolitan Administration will issue bonds worth Bt20 billion to raise a fund for an electric train project, a deputy BMA governor said Wednesday.

Deputy BMA Governor Thirachon Manomaipibul said the BMA would sell the bonds to raise fund for the construction of a light monorail project .

The bonds would be issued in four lots each of Bt5billion, starting from February 2010, he said.

http://www.nationmultimedia.com/search/rea...newsid=30104847

Would you buy bonds issued by the Bangkok Metropolitan Administration?

[Naam]

Would you buy bonds issued by the Bangkok Metropolitan Administration?

you must have been duped by the rubbish a Nation journ@sslist wrote. but it could be also a typo (decimal point missing):

""The bonds, to be sold to domestic customers by February 2010, are expected to attract many buyers because they're the first issued by a local administration with support of the government, and they yield a high interest rate of 45 per cent," he said."

[12DrinkMore]

Would you buy bonds issued by the Bangkok Metropolitan Administration?

Sounds like a bit of a lottery to me

:D :D

Such lottery and bond issuance was necessary for the BMA as its financial status had shrunk

[flying]

Here are two Japanese nationals that bought a few US Bonds..........

http://www.asianews.it/index.php?l=en&...5456&size=A

http://italian-culture-blog.blogspot.com/2...dollars-of.html

http://www.japantoday.com/category/crime/v...tained-in-italy

[jbaldwin]

I saw this in the Nation recently and it made me consider bonds in Thailand.

BMA to issue Bt20-billin bonds to raise fund for train project

The Bangkok Metropolitan Administration will issue bonds worth Bt20 billion to raise a fund for an electric train project, a deputy BMA governor said Wednesday.

Deputy BMA Governor Thirachon Manomaipibul said the BMA would sell the bonds to raise fund for the construction of a light monorail project .

The bonds would be issued in four lots each of Bt5billion, starting from February 2010, he said.

http://www.nationmultimedia.com/search/rea...newsid=30104847

Would you buy bonds issued by the Bangkok Metropolitan Administration?

Not enough information here to make any informed decision. Need to wait for the prospectus to be issued (and hope that an English language translation if provided)

[Naam]

i can only shake my head that this discussion is still going on