By Reshmi Basu
New York, Jan. 10 - The Bank of Thailand announced the results of its auction, in which it issued 8.5 billion baht of bonds in three tranches.
It issued 5 billion baht of eight-year bonds at a coupon of 5¼% and a weighted average yield of 4.9582%. The bid to cover ratio was 3.48.
It also auctioned 1.5 billion baht of 13-year bonds at a coupon of 5 5/8% and a weighted average yield of 5.2718%. The bid to cover ratio was 4.33.
And it issued 2 billion baht of 20-year bonds at a coupon of 6.15% and a weighted average yield of 5.6425%. The bid to cover ratio was 5.45.
| Issuer: | Bank of Thailand
|
| Total amount: | 8.5 billion baht
|
| Issue: | Government bonds
|
| Auction date: | Jan. 10
|
| Settlement date: | Jan. 12
|
|
|
| Eight-year bonds
|
| Amount: | 5 billion baht
|
| Maturity: | Dec. 5, 2014
|
| Coupon: | 5¼%
|
| Weighted average yield: | 4.9582%
|
| Accepted yields: | 4.93% to 4.977%
|
|
|
| 13-year bonds
|
| Amount: | 1.5 billion baht
|
| Maturity: | Dec. 1, 2019
|
| Coupon: | 5 5/8%
|
| Weighted average yield: | 5.2718%
|
| Accepted yields: | 5.25% to 5.289%
|
|
|
| 20-year bonds
|
| Amount: | 2 billion baht
|
| Maturity: | July 7, 2026
|
| Coupon: | 6.15%
|
| Weighted average yield: | 5.6425%
|
| Accepted yields: | 5.607% to 5.67%
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
