Thailand plans to issue a THB $ 5 billion ($ 149 million) tokenized Bond from the third quarter this year, focusing on retail investors.
Thai Finance Minister Pichai Chunhavajira recently announced the new program and revealed that the bond will be issued on a new publishing platform for digital bonds. While the minister did not explicitly confirm it, experts say he probably referred to the distributed Ledger Technology (DLT) -based digital token trade platform Securities and Exchange Commission (Sec) announced earlier this month.
The upcoming digital bond will be open to retail investors and requires no collateral, with the smallest investment set to 1,000 THB ($ 30).
The bond will serve as a sandbox project for the government, and if it is a success, it will allow Thailand to collect more funds from investors through DLT bonds in the future. The Southeast Asian nation Rejected A THB 3.78 trillion ($ 112 billion) budget for the financial year 2025/26, with a deficit of $ 25.5 billion, which the government is connected by collecting funds from the domestic market and through external loans. Digital bonds allow the government to circumvent traditional intermediaries such as banks and brokers, which makes money easier, cost -effective and more efficient.
“We will enable retail investors to participate, regardless of their financial position,” the minister explained, as reported of the local newspaper nation.
“They can invest all amounts, buy and sell directly on the platform and bypass traditional bank counters. Many platforms are available, and with the private sector’s commitment, we expect lower management costs, which enable investments from as little as 1,000 baht. “
Digital bonds take off globally, with Asia that takes early leadership in front of Europe. According to one January reportThese tokened bonds will be a market of $ 1 trillion by 2028. Governments such as Thailands, which are already experimenting with technology, will be better suited to benefit from this increase over the next few years, which sets the rate globally and shakes in billions of dollars in foreign portfolio investments.
Currently, the government is waiting for the approval of the Bank of Thailand (bot) before continuing with the Digital Bonds project. Chunhavajira revealed that his ministry left the bond’s “procedures and trade mechanisms” for the bank’s green light.
According to rwa.xyz$ 17.7 billion Real assets have been tokenizedWith private credit that accounts for two -thirds of the assets.
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