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Published on 6/23/2009 in the Prospect News Emerging Markets Daily.

New Issue: Bank of Thailand auctions 20 billion baht 2.25% two-year bonds to yield 2.1311%

By Richard Connell

New York, June 23 - The Bank of Thailand auctioned 20 billion baht of bonds due June 25, 2011, pricing them with a weighted average yield of 2.1311%.

Bids were received and accepted for all 20 billion baht of the bonds offered.

The bonds pay a coupon of 2.25%. Accepted yields ranged from 2.088% to 2.148%.

The bid to cover ratio was 2.88.

Issuer:Bank of Thailand
Issue:Bonds
Amount:20 billion baht
Maturity:June 25, 2011
Coupon:2.25%
Weighted average yield:2.1311%
Accepted yields:2.088% to 2.148%
Auction date:June 23
Settlement date:June 25

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