According to reports, the Thailand Ministry of Finance plans to issue digital investment tokens worth $ 150 million, allowing retail investors to buy government bonds.
The Post Bangkok reported on May 13 that Finance Minister Pichai Chunhavajira announced the initiative in an informative session after the cabinet supported the plan. He added that the tokens will be launched within the next two months.
The so-called “G-Takens” will be used to raise funds from the public under the current budget loan plan, said Pathara Anuntasilpa, general director of the Office of Public Debt Management. He added that these were not debt instruments.
“A great point of sale of Token is that it allows more retail investors to be part of the digital economy,” he said, adding that for only $ 3, “they can invest in government bonds.”
Until recently, retail investors have been limited or excluded from the large offers of investment products in Thailand, which are predominantly addressed to institutional and rich investors.
The Minister of Finance, Pichai, said that the initial token mint is designed to “prove the market” and that investors will obtain greater returns than bank deposits, but did not specify the yields.
Commercial banks in Thailand offer very low interest rates to savers, currently only 1.25% for a fixed deposit of 12 months, which is much lower than the rates established by its central bank, which has maintained high rates until recently despite the increase in economic problems.
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The report said the asset was not a cryptocurrency. It would be negotiable in exchanges of licensed digital assets, which are not accessible to non -thai citizens residing in the country.
Government bonds are debt values ​​issued by the State to finance public spending. When investors buy them, they are essentially lending money to the government for a specific period in exchange for regular interest payments and the yield of their capital at the expiration.
In February, the Thailand Stock Regulator revealed plans to launch a tokenized securities negotiation system for institutional investors.
Global bond value in the chain in 2025
The value of the tokenized bonds worldwide has recently increased and currently costs $ 225 million, according to the real world asset analysis platform Rwa.xyz.
The value of the chain has doubled since the beginning of this year, and could be much greater since the platform only tracks a limited number of emitters, mainly in Europe.
However, the value of US treasures. UU. Tokenized has increased to $ 6.9 billion, 73% 73% more this year, according to the analysis platform.
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