IMF Staff Country Reports

Thailand: Financial Sector Assessment Program: Technical Note: Fixed Income Markets

May 15, 2009

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Thailand: Financial Sector Assessment Program: Technical Note: Fixed Income Markets, (USA: International Monetary Fund, 2009) accessed November 21, 2024

Summary

This technical note focuses on fixed income markets for Thailand. The note recommends that Thailand should begin an orderly transition from merit-based regulation of corporate issuers and institutional investors to a disclosure-based regulatory system that opens the debt market to a larger and more diverse pool of corporations. A series of regulatory changes should be considered, including removing the limitations on below investment grade debt offerings, expanding the size of private placement offerings, and reducing the regulatory burdens on issuers of short-term commercial paper.

Subject: Bonds, Financial institutions, Financial markets, International trade, Mutual funds, Securities, Securities markets, Trade balance

Keywords: Bonds, Commercial paper, CR, Debt market, East Asia, Financial market, Fixed income, Futures contract, Interest rate, ISCR, Long-term debt, Mutual fund, Mutual funds, On-exchange market, Primary market, Public offering, Risk capital, Securities, Securities markets, Trade balance

Publication Details

  • Pages:

    43

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2009/151

  • Stock No:

    1THAEA2009005

  • ISBN:

    9781451836905

  • ISSN:

    1934-7685