Thailand’s central bank is set to cut its key rate by 50 basis points in 2025, bond market group says Reuters

BANGKOK ((Reuters)) – Thailand’s central bank is expected to cut interest rates twice, to a total of 50 basis points this year, starting in the second quarter of this year, the Bond Market Association said on Thursday.

Thai corporate bond issuance was 850 billion baht to 900 billion baht ($24.55 billion to $25.99 billion) this year, the group said, with corporate bond issuance falling 10% in 2024.

Last month, the central bank left its key interest rate unchanged at 2.25%, following a surprise cut in the previous revision in October. The next price revision is on February 26.

($1 = 34.6300 baht)