By Reshmi Basu
New York, Aug. 28 - 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 4.7781%. The bid to cover ratio was 1.30.
It also issued 7 billion baht of 91-day bills at a weighted average yield of 4.83056%. The bid to cover ratio was 1.96.
And it issued 7 billion baht of 182-day bills at a weighted average yield of 4.96171%. The bid to cover ratio was 3.66.
Issuer: Bank of Thailand
Total amount: 20 billion
Issue: Treasury bills
Auction date: Aug. 28
Settlement date: Aug. 30
28-day bills
Amount: 6 billion baht
Maturity: Sept. 27, 2006
Weighted average yield: 4.7781%
Accepted yields: | 4.75% to 4.79%
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91-day bills
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Amount: | 7 billion baht
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Maturity: | Nov. 29, 2006
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Weighted average yield: | 4.83056%
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Accepted yields: | 4.82% to 4.84%
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182-day bills
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Amount: | 7 billion baht
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Maturity: | Feb. 28, 2007
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Weighted average yield: | 4.96171%
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Accepted yields: | 4.96% to 4.967%
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