Thai bond plan seen as 'ambitious'

THAILAND - Thailand's plan to issue the equivalent of $18.5bn (£12.6bn) in baht bonds to pay for the central bank's massive losses from the 1997 crash are "very ambitious" and must be handled with care, said economists on Sunday.

But the scheme - bond issues staggered between now and 2006 - removes much of the uncertainty over how total liabilities estimated to equal more than $33bn will be absorbed.

There had been fears the government might chance the risk to monetary stability by printing money

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account