Bangkok, February 28, 2012 ? The SEC has revised issuance rules governing bills of exchange (B/E), short-term debentures and complex structured products to promote more fund mobilization through debt

://publish.sec.or.th/nrs/6497pe.doc The Office of the Securities and Exchange Commission , exchange traded fund (ETF), property funds, structured notes and other debt securities; (c) Relevant knowledge on accounting

://publish.sec.or.th/nrs/10040s.pdf); (4) Notification of the Capital Market Supervisory Board No. Tor Jor. 63/2566 Re: Filing of the Registration Statement for Offer for Sale of Debt Securities (No. 2) (https

? interest and understanding in the debt securities market. It is important to emphasize that continual cooperation among all market participants is very crucial to achieve the development of overall Thai bond

permissible rate of 15 percent. The majority of PVDs invest as much as 85 percent of the total investment money in debt securities and bank deposits. Such low-risk, low-return pattern results in slow fund

% Non-interest income 11,651 11,472 10,887 1.6% 7.0% 34,054 30,796 10.6% Operating expenses 11,938 12,846 12,095 (7.1)% (1.3)% 35,858 37,536 (4.5)% Impairment loss of loans and debt securities 6,259 5,688

10,939 9,250 4.9% 24.0% 22,408 19,916 12.5% Operating expenses 12,846 11,082 12,599 15.9% 2.0% 23,925 25,448 (6.0)% Impairment loss of loans and debt securities 5,688 5,806 3,542 (2.0)% 60.6% 11,494 7,186

32,845 5.6% Non-interest income 13,667 14,414 11,472 (5.2)% 19.1% 28,081 22,408 25.3% Operating expenses 13,376 12,594 12,846 6.2% 4.1% 25,970 23,925 8.5% Impairment loss of loans and debt securities 6,533

(25.3)% (3.1)% Impairment loss of loans and debt securities 5,078 2,765 7,322 83.7% (30.6)% Operating profit before tax 11,348 9,965 11,621 13.9% (2.3)% Income tax expenses 2,225 1,767 2,522 25.9% (11.8

. Clause 4. Those licensed to operate the following businesses shall pay the annual fixed fees to the Office at the specified rates as follows: (1) Dealing of debt securities, at the rate of Baht 1,000,000