Krungthai's SOLUX10F Luxury Index Linked Note Receives Overwhelming Response as Index Continues to Rise
Krungthai is thrilled with the overwhelming response from customers to the SOLUX10F Luxury Index Linked Note, a derivative bond linked to global luxury brand indices, which offers 100% principal protection and the potential for high returns as the index continues to rise. The bank is preparing to launch new products soon.
Mr. Rawin Boonyanusasan, Executive Vice President of the Capital Markets Business Division at Krungthai Bank, revealed that after the bank launched the SOLUX10F Luxury Index Linked Note for sale from June 7-11, it received an overwhelming response from customers and investors. This product meets the needs of large investors, featuring 100% principal protection while allowing customers to achieve higher returns in line with the global luxury goods and services stock index, which has grown by over 2% in just two months. Additionally, investors benefit from the euro's appreciation of over 3%, further boosting returns on this bond.

Mr. Rawin Boonyanusasan, Executive Vice President of the Capital Markets Business Division
Looking ahead to the second half of 2021, the overall market is expected to experience increased volatility as global stock markets have risen continuously over the past year. For instance, the MSCI ACWI INDEX has increased by over 40% in one year (as of June 30, 2021). Additionally, the U.S. Federal Reserve may signal a reduction in quantitative easing measures or QE tapering, alongside the spread of the Delta variant of COVID-19 in many countries, particularly in Asia. Therefore, diversifying investments into derivative bonds with principal protection and opportunities for higher returns in line with stock indices remains a strategy to enhance returns for investors in a low-interest-rate environment while reducing the risk of losses.
"The bank is committed to continuously developing investment products and plans to launch new offerings within this year to meet the investment needs of various customer segments, focusing on creating stable returns while ensuring appropriate diversification in line with economic and investment conditions,"
Interested parties can inquire about investment services and products at the Krungthai Contact Center at 02-111-1111 or via email at [email protected].