วิสัยทัศน์หนี้สาธารณะไทย

Capital Market Bond Market Development Bureau, PDMO

3 3 Pillars of Financial Market System Capital market

Loan Market

Equity Market

Debt Market

Market maker

Commercial banks

Corporate/SOE

Market participants

Borrowers/Savers

Investors1

Products

Loans/Deposits/LC

Stock

Loan Bond/Saving Bond/ T-bill/ Promissory Note

Returns

Interest rates

Dividend/Capital Gain

Coupons

1 - Yearly cumulative since 1 Jan 2012 – 17 Aug 2012 2 - As of July 2012

Retail 53% Domestic Institution 22% Foreign Institution 25%

Corporate/MOF/BOT/SOE Investors2

Retail 9% Domestic Institution 81% Foreign Institution 10%

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