Clearing and Settlement Platforms

As both depository and registrar, the Bank of Thailand (BOT) is responsible for the settlement of government bonds. In 2001, BOT's real time gross settlement (RTGS) system—THBNET—was restructured to incorporate delivery-versus-payment facilities on all government securities. Most corporate bonds are cleared and settled at a Stock Exchange of Thailand (SET) subsidiary—the Thailand Securities Depository Co. Ltd (TSD).

Settlement convention is T+2 but can vary by bilateral agreement.