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PTT and Krungsri in biggest THOR-based loan agreement

The Bank of Thailand (BOT) congratulated PTT Public Company Limited (PTT) in collaboration with Krungsri (Bank of Ayudhya PCL) on a successful THB 6-billion long-term loan facility using Thai Overnight Repurchase Rate (THOR) as reference rate for a period of five years. The transaction marks the largest ever THOR-based loan facility since the launch of the new THOR reference rate in Thailand. PTT and Krungsri are regarded as major drivers boosting confidence in Thailand’s financial market.

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