Thai bond market to draw Bt40 bn per month: TMB
Play
TMB Analytics expected that the Thai bond market would benefit largely from the European Central Bank's quantitative easing (QE) programme.
It expects about Bt40 billion of the injected fund would flow to the Thai bond market on a monthly basis, particularly for the investment in short-term bonds.
"The QE will weaken the euro and put pressure on bond yields there," it said in a research note.
During the last months of 2014, inflows to the bond market were valued at around Bt3 billion per month.
