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Asian Ministers to Discuss Fund to Invest in State Bonds.

By Wichit Chantanusornsiri, Bangkok Post, Thailand Knight Ridder/Tribune Business News

Mar. 8--Finance ministers of the 22-nation Asian Co-operation Dialogue group will meet in May to consider establishing a US$10-billion (393 billion baht) fund to invest in government bonds issued by ACD members.

Sirote Swasipanich, director-general of the Fiscal Policy Office, said the Asian Co-operation Dialogue Fund (ACDF) would invest in local currency sovereign bonds issued by the members.

The May 2 finance ministers' meeting in Bangkok will be followed

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