Saw that CPALL - the 7/11, Makro group are about to issue some more debentures. Indicative rates are: 4.1% for 5 years, or 3.55% for 2 years. There would be 15% WHT on those.
From an issuer's point of view, it's a nice time to be issuing, with low rates. From an investor's point of view, I don't find Thai bonds particularly attractive at the moment. The rates are a bit better than cash, but at those levels I'll stick with 2.3% - 3% on cash. I bought some CP All bonds a year or so back, and rates were 4%+ for 3 years, so wasn't too bad a lock in, with falling rates. Don't have much appetite to add to them at even lower rates than last time