Moody's Corrects the Rating Outlook for the Bank of Thailand

Moody's Investors Service has today corrected the outlook on the Bank of Thailand's (BOT) Baa1 ratings to Negative from Stable, aligning the rating outlook with that of the Government of Thailand's rating outlook, which was changed to Negative from Stable on December 4, 2008. Moody's opinion is that the Kingdom of Thailand and the Bank of Thailand share same the fundamental credit strengths, and therefore the bond ratings and outlook are the same. Due to an administrative error, the change in rating outlook of the Bank of Thailand was inadvertently omitted from the most recent rating action relating to the Kingdom of Thailand. The missing rating action is 4 December 2008, when the outlook on the Government of Thailand's ratings was changed to Negative from Stable. That date was also the last rating action that should have been taken regarding BOT. The principal methodology used in rating the government of Thailand's and the BOT's foreign and local currency debt is Moody's Sovereign Bond Methodology, which can be found at www.moodys.com in the Rating Methodologies sub-directory under the Research & Ratings tab. Other methodologies and factors that may have been considered in the process of rating this issuer can also be found in the Rating Methodologies sub-directory on Moody's website. Singapore Thomas J. Byrne Senior Vice President - Regional Credit Officer Sovereign Risk Group Moody's Investors Service Singapore Pte. Ltd. JOURNALISTS: (852) 3758 -1350 SUBSCRIBERS: (65) 6398-8308

• ข่าวBank of Thailand
• ข่าวo:eco
• ข่าวo:fin
• ข่าวth