Thai corporate debt market builds on record year

April 7, 2015 9:09 AM

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GRAPHIC: Thai corporate debt: By Orathai Sriring and Satawasin Staporncharnchai BANGKOK, April 7 (Reuters) - Thai businesses are rushing to the debt market after raising a record 1.74 trillion baht ($54 billion) last year, encouraged by demand from investors seeking higher returns in the face of low-yielding bank deposits and a relatively volatile stock market.

In January-to-March, the number of corporate debt issuers reached 158, or 70 percent of the total for all of last year, according to the Thai Bond Market Association. The jump reflects the recent increase in small and medium-sized firms venturing into the debt market to raise funds. By value, the co...

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