The Bank of Thailand (BOT) has announced that it will be discontinuing two policies that were implemented in an effort to lessen the impact of the pandemic. These policies include measures that supported the property sector and corporate bonds.
Assistant Governor Chayawadee Chai-Anant has stated that the central bank will not extend its loan-to-value measures for the property sector in the foreseeable future.
The ratio ceiling was raised to 100% from 70-90% by the central bank the year before in an effort to stimulate activity in the real estate sector.
The Board of Trade has announced, in a separate statement, that it will stop accepting applications for its corporate bond stability fund during this calendar year.
The fund was established in 2020 with an initial capitalization of 400 billion baht, which is equivalent to 10.53 billion dollars in the United States.
The central bank reported that there is less of a requirement for help from the fund as a result of the improvement in the situation.
 has announced that it will be discontinuing two policies that were implemented in an effort to lessen the impact of the pandemic. These policies include measures that supported the property sector and corporate bonds.){kind=link}