Thailand to Raise $6.4M With Sale of Blockchain-Based Bonds

[Tanimariya]

The Public Debt Management Office (PDMO) within Thailand’s Ministry of Finance has announced it plans to sell 200 million baht ($6.42 million) in savings bonds using a blockchain-based e-wallet. 

In a statement released on its website Tuesday, the ministry said the bonds carry an extremely low face value of 1 baht ($0.032) each and would be sold through the state-owned Krung Thai Bank’s blockchain wallet.
Read more: https://www.coindesk.com/thailand-to-raise-6-4m-with-sale-of-blockchain-based-bonds