“The listing of the two CPF’s bond issues will increase the value of CPF bonds to THB10 bln. and boost total bond listings to 62 issues, collectively worth THB548.21bln. (Approx. USD13.71 bln.). Of these issues, 10 are government bonds worth THB306.69 bln. (Approx. USD7.67 bln.) plus another 52 corporate issues worth THB241.52 bln. (Approx. USD6.04 bln.),” said Mr. Santi.
CPF issued two series of bonds on June 16, 2005. The first tranche, CPF086A, has a 3-year maturity, hence will come due on June 16, 2008. It bears a fixed interest rate of 4.25% p.a. The second tranche, CPF106A, has a 5-year maturity, hence will come due on June 16, 2010. It bears a fixed interest rate of 5.00% p.a. These issues are straight, unsecured, senior bearer bonds. Kasikornbank Pcl. will act as the bondholders’ representative and registrar.
CPF086A and CPF106A received ‘A’ credit ratings from TRIS Rating Co. Ltd. on May 20, 2005.
Both CPF086A and CPF106A are scheduled for interest payments on June 16 and December 16 of each year through their maturity. The first interest payment will be on December 16, 2005. If the interest payment date does not fall on a business day of a commercial bank, it shall be postponed to the next business day without any additional interest for such postponement, except for the last payment date that, if postponed, the interest shall be calculated pursuant to the postponement on a daily basis until (but excluding) the date of the last interest payment.
For more information on bond trading, please contact any securities companies that are SET members, or contact the BEX at Tel 0-2229-2783-91, or browse www.bex.or.th
