Not-so-risky business
Government bonds may not provide the current large returns of the local stock market, but you'll sleep well at night
- Published: 26 Nov 2012 at 00.00
- Newspaper section: Business
It's a familiar disclaimer for anyone who has ever purchased stocks or funds: "Investment carries risk."
Miss Pimpen shows Krung Thai Bank’s Government Bond card, which can be used as an ATM card and to buy government bonds at the bank’s ATMs.
But not government bonds, according to economist Pimpen Ladpli. The Thai government has never defaulted on its bond obligations, not even at the height of the 1997 economic crisis.
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