THAILAND PLANS TO SELL 1.25 TLN BAHT OF GOVERNMENT BONDS IN 2025 MARKET SOURCES
BANGKOK, Sept 17 (Reuters) -Thailand's government plans to increase borrowing by 8% to about 2.6 trillion baht ($78.2 billion) for the 2025 fiscal year starting on Oct. 1, according to three market sources and a government presentation seen by Reuters.
Of the projected total, 1.06 trillion baht will be new borrowing and 1.53 trillion will be debt being rolled over, according to the sources, who declined to be identified because the information was not public.
The government plans to sell about 1.25 trillion baht of government bonds and 520 billion baht of treasury bills in the 2025 fiscal year, which will fund more than two-thirds of the borrowing target, the sources said.
($1 = 33.26 baht)
Reporting by Orathai Sriring and Thanadech Staporncharnchai; Editing by John Mair
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