BANGKOK (Reuters) – Thailand's central bank is expected to cut interest rates twice, to a total of 50 basis points this year, starting in the second quarter of this year, the Bond Market Association said on Thursday.
The group said Thai corporate bond issuance this year is expected to range between 850 billion baht to 900 billion baht ($24.55 billion to $25.99 billion), and that corporate bond issuance fell by 10% in 2024.
Last month, the central bank left its key interest rate unchanged at 2.25%, after a surprise cut at the previous review in October. The next price review will be held on February 26.
($1 = 34.6300 baht)
