Public Debt Management Office (PDMO) has issued a special series of savings bonds worth 21 billion baht exclusively for those who were not allocated bonds in the June 2022 issuance. Reservations will be open from August 22 to 24, 2022, through authorized banks only.

Ms. Patricia Mongkolwanit, Director of the Public Debt Management Office (PDMO) stated that the PDMO will offer a total of 21 billion baht in special savings bonds, with 20 billion baht allocated for the public and 1 billion baht for non-profit organizations. This issuance is exclusively for those who did not receive allocations from the June 2022 savings bond offering. The bonds in this round will have the same maturity and interest rates as those from the June 2022 offering, which faced operational issues. This special issuance aims to ensure equitable access for all citizens to own savings bonds and provide opportunities for those who were not allocated previously.

The Ministry of Finance reserves the right to allocate these bonds only to those who did not receive allocations from the June 2022 offering through authorized banks. The bonds will be allocated to the public in a staggered manner (Small Lot First), independent of the order of reservations. The conditions for the special savings bond issuance worth 21 billion baht will be as follows:

1. Allocation to the public worth 20 billion baht in two series:

5-year series with a step-up interest rate averaging 2.90% per annum and 10-year series with a step-up interest rate averaging 3.60% per annum, with interest paid every three months. Allocations will be made using the Small Lot First method, with a minimum purchase of 1,000 baht, increasing in increments of 1,000 baht, and a maximum purchase limit of 2 million baht across all banks. Reservations can be made from August 22 to 24, 2022, through the Counter, Internet Banking, and Mobile Banking of the four authorized banks. The order of reservations will not affect allocation rights, ensuring equal purchasing opportunities for all. Participants will be informed of their bond allocation results on August 25, 2022, via SMS from the authorized banks, the overall allocation results published on the PDMO website (www.pdmo.go.th) and the Bank of Thailand website (www.bot.or.th), and they can check their allocated amounts through the SPM Wallet on the Paotang application under the savings bond tab purchased through authorized dealers. On August 26, 2022, the authorized banks will refund any amounts not fully allocated or that do not meet the purchase conditions.

2. Allocation to non-profit organizations as specified by the Ministry of Finance worth 1 billion baht: 10-year series with a step-up interest rate averaging 3.30% per annum, with interest paid every six months. There will be no limit on the purchase amount, and allocations will be made on a first-come, first-served basis. This offering will be available from August 29 to 30, 2022, and interested parties can inquire about the conditions and purchasing methods from the four authorized banks.

Citizens can verify their eligibility to purchase on the PDMO website (www.pdmo.go.th).

And on the Bank of Thailand website (www.bot.or.th) starting from August 15, 2022, onwards.