investors in non-investment grade or unrated bonds, issuing regulations on investment in and issuance of financial instruments of the countries in the Greater Mekong Sub-region (GMS). Investors will thus have
executives of the company under Chapter 3/1 of the Securities and Exchange Act B.E. 2535. The proposed rules aim to achieve a better balance between compliance cost for listed firms and benefit of public
baht bonds to (i) obtain an issue rating not lower than investment grade* from an international credit rating agency established under foreign law, (ii) appoint the bondholder representative, and (iii
investment grade* from an international credit rating agency established under foreign law (international CRA), (ii) appoint a bondholder representative, and (iii) register the baht bonds with the Thai Bond
revised. In addition, the proposed revisions also cover some items under the capital requirement calculation; for example, account receivables of cash balance account, big lot transaction, foreign currency
substitutes of or additions from loans from financial institutions. Most of the bonds are credible to invest in, called investment grade, yet there are some that are not as credible, called non-investment
on a continuous basis, leaping from 12 percent to 75 percent of the gross domestic product. As of 30 September 2017, the total outstanding balance of private sectors? debt securities was 3.78 trillion
essences: (1) Requirements regarding the check and balance mechanism and the responsibilities of the ICO issuer's board of directors: the ICO issuer must establish a check and balance mechanism and
listed securities as same as institutional investors, in addition to the current eligible assets which are government bonds and investment-grade debentures only. (2) SEC will consider the
be in compliance with the rules, conditions and procedures as prescribed by law. Currently, only government debt instruments and investment grade debt instruments are eligible for repo agreement