New Issue: Bank of Thailand auctions 30 billion baht of eight-day bonds

By Reshmi Basu

New York, Jan. 4 - The Bank of Thailand announced the results of its auction, in which it issued 30 billion baht of eight-day bonds.

Thailand issued the bonds at a weighted average yield of 4.91547%. The bid to cover ratio was 1.10.

Issuer: Bank of Thailand

Issue: Bank of Thailand bonds

Amount: 30 billion baht

Maturity: Jan. 16, 2007

Weighted average yield: 4.91547%

Accepted yields: 4.84% to 4.98%

Auction date: Jan. 4

Settlement date: Jan. 8

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