Bangkok: The Treasury is set to commence the sale of savings bonds for fiscal year 2025 on July 30th. This marks the second issuance of the 2025 Savings Bonds by the Ministry of Finance, with a total offering of 20 billion baht. The bonds will be available for purchase via the Paotang app and through six designated banks, featuring an average interest rate of 2.49% per annum.

According to Thai News Agency, Mr. Patchara Anantasilpa, Director-General of the Public Debt Management Office (PDMO), disclosed that the Ministry of Finance has structured the sale into two main channels. The first channel, the 'Paotang' application, will handle a sales budget of 5 billion baht. These bonds, designated SBST357A, have a maturity of 10 years with a step-by-step interest rate: 1.70% per year for years 1-3, 2.40% for years 4-7, and 3.40% for years 8-10, averaging 2.49% annually over the term. Sales through this channel will run from July 30 to August 7, 2025, with eligibility restricted to Thai individuals aged 15 and over. Purchases can range from a minimum of 100 baht to a maximum of 20,000,000 baht per person, allocated on a first-come, first-served basis via the 'SBM Wallet' on the Paotang app.

For those preferring to purchase through banks, the Ministry has allocated 15,000 million baht for sales through six bank dealers. These bonds, labeled SBST358A, also carry a 10-year term and mirror the interest structure of the Paotang series. The subscription period is slated for August 4-6, 2025, with operating hours from 8:30 a.m. to 3:00 p.m. Purchasers must note that payment by cheque will not be accepted on the final day. Eligibility extends to individuals of Thai nationality or those residing in Thailand, with a minimum purchase requirement of 1,000 baht and no upper limit. Allocation will follow a small lot first approach, distributing 1,000 baht per round until fully subscribed, with a random method employed if funds run short at the end. Purchases can be made via the internet, mobile apps, or at branches of Krungthai Bank, Bangkok Bank, Kasikornbank, Siam Commercial Bank, Bank of Ayudhya, and CIMB Thai Bank.

Mr. Petchra emphasized that investors have the flexibility to purchase through either channel, with separate sales amounts for each. This dual-channel approach offers potential investors stable and secure savings options. Interested parties are encouraged to review the prospectus, examine the summary of conditions document, or seek further information from the six representative banks and the Public Debt Management Office's website at www.pdmo.go.th.