Asian central banks reduced their policy rates continuously. Looking domestically, Thailand’s economic activity in many sectors declined in line with the overall global economy. The tourism sector in
rates during 1Q20. Interest expense totaled Baht 1,301 million, a decline of 6.1% yoy, with cost of funds declining to 2.0% for 1Q20 comparing to 2.3% for 1Q19 from effective cost management in line with
management from capital increase from IPO. Comprised decrease of interest rates of loans from commercial bank since the fourth quarter of 2019. Additionally, bank also cut MLR rate in the first and the second
, whereas the European Central Bank and the Bank of Japan may opt for tapering of their quantitative easing stance. Against this backdrop, interest rates in several countries are likely to be on an upward
liquidity through bid and offer rates, disclosure of the names and addresses of these entities and the main terms of their commitment would provide investors with useful information about the potential
translation into US Dollars at average exchange rates and closing exchange rates where applicable. Readers should rely on the THB results only. IVL has presented the analysis in the MD&A in US$ as it believe
impact of the situation given their heavy reliance upon exports to both the US and China. As a result, the Baht weakened occasionally. Regarding interest rates over the past year, the Federal Reserve
institutions and new bond issued. The weighted average financing cost at the end of 3Q19 stood at 2.96%, lower than 3.20% in 2Q19. Fixed interest rates debt comprises 54% of total interest-bearing debt whilst
borrowings from financial institutions. The weighted average financing cost as of March 31, 2020 stood at 2.65%, lower than 2.91% as of December 31, 2019. Fixed interest rates debt comprises 74% of total
, 2020 stood at 2.29%, lower than 2.91% as of December 31, 2019. Fixed interest rates debt comprises 41% of total interest-bearing debt, floating interest rates make up 59%. Net interest-bearing debt to