Bangkok Bank PCLUnderwriter for the new SLB issuance, generating fee income.
The Public Debt Management Office (PDMO) is preparing to hold a promotional event for the issuance of the second Sustainability-Linked Bond (SLB) of the Thai government to domestic investors on August 31, 2026, and will travel to promote the bond to foreign investors in Hong Kong and Singapore between September 1-4, 2026. This bond builds on the first issuance and focuses on two main dimensions: climate change and nature conservation. It sets Key Performance Indicators (KPIs) and Sustainability Performance Targets (SPTs) in two areas: net greenhouse gas emissions not exceeding 152 million tonnes of carbon dioxide equivalent by 2035, and increasing protected areas and Other Effective Area-based Conservation Measures (OECMs) by at least 30% by 2030. The interest rate will increase or decrease by 2.5 basis points depending on the achievement of each target. The bond, designated SLB425A, has a 15-year maturity and an issue size of approximately 15-30 billion baht. There are four underwriters: Bangkok Bank, Bank of Ayudhya, Siam Commercial Bank, and Standard Chartered Bank (Thai). A bookbuilding survey will be conducted on September 10, and the bond is scheduled to be issued on September 17, 2026.
Bangkok Bank PCLUnderwriter for the new SLB issuance, generating fee income.
SCB X Public Company LimitedUnderwriter for the new SLB issuance, generating fee income.
Bank of Ayudhya PCLUnderwriter for the new SLB issuance, generating fee income.
Underwriter for the new SLB issuance, generating fee income.