BANGKOK, Thailand — The Thai government will begin selling its second “Om Plus” savings bond offering for fiscal 2026 on Sept 4, with a total value of 4 billion baht and fixed interest rates of up to 2.80% per year. The Public Debt Management Office (PDMO) will offer 2 billion baht through the Savings Bond Wallet on the Paotang application and another 2 billion baht through the Bond Connect Platform. Both channels offer the same fixed rates: 1.80% annually for three-year bonds and 2.80% for 10-year bonds. However, the sales periods, minimum investments, eligibility requirements and allocation methods differ.
The Paotang wallet offering opens at 8:30 a.m. on Sept 4 and runs until 3 p.m. on Sept 15, or until the 2-billion-baht allocation is sold out. Thai citizens aged 15 and above can invest from 100 baht, in increments of 100 baht. Those under 20 require parental consent. Each investor can purchase up to 50 million baht, with a maximum of 1 million baht per transaction. The wallet uses a first-come, first-served allocation system, meaning interested buyers are advised to complete registration and identity verification on Paotang and have funds ready before sales begin.
The Bond Connect offering will be available from Sept 7–9 through 24 participating commercial banks and securities firms, as well as the Streaming application. Investors need a securities trading account and can purchase from 1,000 baht in increments of 1,000 baht, with no maximum subscription limit. Unlike the wallet offering, Bond Connect uses a Small Lot First allocation method, distributing bonds in 1,000-baht lots over successive rounds. The time of subscription during the sales period does not affect allocation priority. If demand exceeds the remaining amount in the final round, allocations will be made randomly. Results will be announced on Sept 10, with funds for unallocated subscriptions returned the same day.
Government spokesperson Lalida Phertwiwattana said the second offering provides another opportunity for people to save through government bonds. The first offering attracted 22,703 retail investors, with subscriptions totaling 16.51 billion baht, about eight times the amount available.
She emphasized that investors do not need to rush to subscribe through Bond Connect, while those choosing the Paotang wallet should be prepared for the first-come, first-served system. Investors who meet the requirements can also use both channels because their allocations are separate.
Those planning to buy through Bond Connect but without an existing securities trading account should open one in advance, as account-opening procedures may take three to five business days.
The Om Plus bonds are issued in electronic form, with no physical bond certificates or passbooks. Investors should review the bond maturity, conditions, liquidity and suitability for their financial plans before investing. More information is available from the Public Debt Management Office or by calling 02-278-7878. (TNA)
