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Published on 11/24/2009 in the Prospect News Emerging Markets Daily.

New Issue: Bank of Thailand auctions 24.09 billion baht of 2.475% three-year bonds to yield 2.5899%

By Richard Connell

New York, Nov. 24 - The Bank of Thailand auctioned 24.088 billion baht of bonds due July 16, 2012, pricing them with a weighted average yield of 2.5899%.

The size of the offering was 30 billion baht.

The bonds pay a coupon of 2.475%. Accepted yields ranged from 2.52% to 2 5/8%.

The bid to cover ratio was 1.05.

Issuer:Bank of Thailand
Issue:Bonds
Amount:24.088 billion baht
Maturity:July 16, 2012
Coupon:2.475%
Weighted average yield:2.5899%
Accepted yields:2.52% to 2 5/8%
Auction date:Nov. 24
Settlement date:Nov. 26

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