Amid global bond market volatility driven by rising US Treasury yields, Thailand
may shift toward short-term financing to meet government borrowing needs for
fiscal 2027, the Public Debt Management Office director-general Jindarat said.
The office is weighing greater issuance of treasury bills, term loans and
promissory notes and is assessing investor demand across maturities; new
issuance may be shorter-dated. It may initially raise and refinance via
short-term instruments and convert to longer-term securities when market
conditions improve; financing for SOE projects and programs under emergency
decree may likewise begin as term loans or promissory notes to better match
project timelines.
