Deal agreed on Thai bonds

THAILAND - The Thai central bank and government on Friday unveiled a 780 billion baht ($18 billion) bond issue to share the burden of financial sector bailout after the crisis of five years ago. The government will pay the interest on the loan, but the central bank is set to redeem the principal.

The central bank will redeem the principal through profits from its currency reserve after 2002, and a separate account will be set up within the Bank of Thailand's to keep such profits and to ensure