). However, despite the ongoing upward trend, the issuances of these bonds were disproportionately small compared to the overall bond market. In addition, most issuers were large-scale companies in specific
plant, water supply, airport, seaport, telecommunications and renewable energy, with no less than 1 billion baht investment value for each project or no less than 500 million baht for a small-scale
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renewable energy. In addition, each project must have at least 1 billion baht investment value or no less than 500 million baht for a small-scale private power project. The fund may invest in an ongoing