Total debenture offerings
2,961 Times
Total debenture offerings
5,504,509,000 THB
Total value of debentures issued
Default Rate
5.50% Numbers
Number of debenture issuances that defaulted / Total number of debenture issuances x 100 %
5.04% Values
Total value of debenture issuances that defaulted / Total value of debenture issuances x 100 %
Default is defined when the Issuer defaults on the payment of the applicable principal and/or interest on the repayment due date except the said default is caused by a delay in the money transfer system that shall exist for not more than three business days from the due date.
Default status is evaluated as of 31 March 2025 and reported as cumulative from 1 May 2023 for all debentures issued within the data period mentioned above.
Recovery Rate
44.66% Numbers
Number of debenture issuances that defaulted but were fully repaid / Total number of debenture issuances that defaulted x 100 %
51.85% Values
Total value of debenture issuances that defaulted but were fully repaid / Total value of debenture issuances that defaulted x 100 %
Recovery status is evaluated as of 31 March 2025 and reported as cumulative from 1 May 2023 for all debentures issued within the data period mentioned above.
New Debentures Default
The number and the value of debentures that defaulted for the first time in that quarter are reported
for all debentures issued for the data period mentioned above. Please refer to the default definition.
For defaulted debentures, Siam Validus proactively manages the collection process with the aim of
protecting the collective interests of all bondholders. The approach follows a structured strategy
based on delinquency buckets, aligning with established best practices in managing delinquent loans.
For more details, please refer to Siam Validus’ specific information on recovery rates.
