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Published on 7/31/2006 in the Prospect News Emerging Markets Daily.

New Issue: Bank of Thailand auctions 20 billion baht of bills

By Reshmi Basu

New York, July 31 - The Bank of Thailand announced the results of its auction in which it issued 20 billion baht of Treasury bills.

Thailand issued 6 billion baht of 28-day bills at a weighted average yield of 4.86701%. The bid to cover ratio was 2.61.

It also issued 7 billion baht of 91-day bills at a weighted average yield of 4.86943%. The bid to cover ratio was 2.47.

And it issued 7 billion baht of 182-day bills at a weighted average yield of 5.02036%. The bid to cover ratio was 3.89.

Issuer:Bank of Thailand
Total amount:20 billion baht
Issue:Treasury bills
Auction date:July 31
Settlement date:Aug. 2
28-day bills
Amount:6 billion baht
Maturity:Aug. 30, 2006
Weighted average yield:4.86701%
Accepted yields:4.8578% to 4.87%
91-day bills
Amount:7 billion baht
Maturity:Nov. 11, 2006
Weighted average yield:4.86943%
Accepted yields:4.858% to 4.878%
182-day bills
Amount:7 billion baht
Maturity:Jan. 31, 2007
Weighted average yield:5.02036%
Accepted yields:5.0198% to 5.0228%

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