New Issue: Bank of Thailand auctions 8.5 billion baht of 12-, 19.5-year bonds

By Reshmi Basu

New York, Jan. 17 - The Bank of Thailand announced the results of its auction, in which it issued 8.5 billion baht of bonds.

Thailand issued 5 billion baht of 12-year bonds at a coupon of 5 5/8% and a weighted average yield of 5.2035%. The bid to cover ratio was 3.50.

It also issued 3.5 billion baht of 19.5-year bonds at a coupon of 6.15% and a weighted average yield of 5.5997%. The bid to cover ratio was 2.05.

Issuer:	Bank of Thailand
Total amount:	8.5 billion baht
Issue:	Government bond
Auction date:	Jan. 17
Settlement date:	Jan. 19
12-year bonds
Amount:	5 billion baht
Maturity:	Jan. 12, 2019
Coupon:	5 5/8%
Weighted average yield:	5.2035%
Accepted yields:	5.18% to 5.23%
19.5-year bonds
Amount:	3.5 billion baht
Maturity:	July 7, 2026
Coupon:	6.15%
Weighted average yield:	5.5997%
Accepted yields:	5.58% to 5.61%

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