Rice bridge loan auction to be held Tuesday

FRIDAY, MAY 30, 2014
Rice bridge loan auction to be held Tuesday

The Finance Ministry will hold only one loan auction to raise money to pay rice-pledging debts to farmers, instead of the two-phase bid originally planned.

Bidding for the full Bt50-billion bridge-loan programme now will be held on Tuesday. Originally there were to be two auctions, one on June 6 for Bt30 billion and the other on June 13 for the remaining Bt20 billion. 
The Public Debt Management Office (PDMO) will consult with the financial institutions participating in the auction on delivery of the entire Bt50 billion by June 6. 
 
The Nation