Bond market no better than average, say Thai Investors

Thailand''s bond investors who participated in FinanceAsia''s local currency bond poll 2001 seem underwhelmed by the progress being made to develop the local market.

Looking at the results from Thai participants in FinanceAsia's local currency bond poll 2001, you could be forgiven for thinking they are fairly indifferent about their domestic debt capital markets.

For our six questions that focused specifically on how investors saw the market developing, on a scale of one to five ù with one being excellent and five unacceptable ù three, or average, was the box ticked most often.

For example, 74% of investors said the quality of documentation...

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