In August 2020, the Government of Thailand issued a THB 30 billion Sustainability Bond. 10 THB billion of this bond have been allocated immediately for the construction of the Bangkok MRT (Mass Rapid Transit) Orange line. The first phase of the line is due to become operational in 2024. The MRT, which is the urban metro system of Bangkok, currently has two lines and 53 stations.
In November 2020, the Government of Thailand issued a THB 20 billion tap on the same bond, all of which was entirely allocated to the same use of proceeds.
|
DATE OF ISSUE |
TYPE OF INSTRUMENT |
SIZE |
TENOR |
COUNTRY OF ISSUE |
CLIMATE BONDS SECTOR CRITERIA |
VERIFIER'S REPORT |
ANNUAL REPORT | FURTHER INFORMATION |
|---|---|---|---|---|---|---|---|---|
| August 2020 | Sovereign Bond |
THB 10 billion (USD 320m)
|
15 years | Thailand |
Low Carbon Land Transport |
(Certification was approved after the issuance)
|
|
Thai Ministry of Finance website
|
| November 2020 | Tap | Tap of THB 20 billion (USD 660m) in November 2020 | 15 years | Thailand | Low Carbon Land Transport | separate pre issuance verification for tap | press release for tap |