the Thai Baht to be volatile and stronger against the US Dollar as well as the interest rates to be volatile and decline. Meanwhile, the Public Debt Management Office (PDMO)’s bond switching wherein

timing of exit from quantitative easing policy by many central banks, such as the European Central Bank’s plan to cut its monthly bond-buying program. These developments may influence movements of

resolved to keep the key policy rate unchanged at 1.50 percent, but the vote to maintain the rate was 5 to 2, compared to 6 to 1 in the previous meeting. As a result, some private operators expedited bond

around the globe turned cautious as investors resorted to increasing their holdings of safe-haven assets, prompting Thai and US bond yields to drop across all maturities. The Federal Reserve was thus

decrease of Baht 11.99 million or down by 10.89%, due to the lower cost of debt from refinancing bond issued in the year 2017 and first quarter of year 2018. In addition, the Company has been closely

(OTC) derivatives, investments in debt and equity securities for the Company’s own account, bond dealing, and private repos and other investments. 2. Expenses The Company’s expenses in 2018 were Baht

, derivative warrants (DWs), over-the-counter (OTC) derivatives, investments in debt and equity securities for the Company’s own account, bond dealing, and private repos and other investments. 2. Expenses The

at March 31, 2017 was Baht 4,351 million, comprised of interest bearing debts of Baht 2,325 million, which are bond Baht 2,000 million, current portion of long-term loan from financial institutions

interest bearing debts Baht 2,013 million, which are bond Baht 2,000 million and finance lease liabilities Baht 13 million, and non-interest bearing debts Baht 2,103 million. Total liabilities decreased by

account, bond dealing, and private repos. The Company’s gains and returns on financial instruments in 2017 was Baht 1,328 million, a decrease of 7% from the previous year. The total gains and returns on