By Richard Connell
New York, March 12 - The Bank of Thailand auctioned 6.175 billion baht of floating-rate bonds due March 16, 2013, pricing them with a weighted average yield of 1.49595%.
The bonds have a floating coupon of six-month Bibor minus 20 basis points, fixed on March 10 at 1.3%.
Accepted yields ranged from 1.49% to 1.5%.
The offering size of the auction was 20 billion baht.
The bid to cover ratio was 0.63.
| Issuer: | Bank of Thailand
|
| Issue: | Bonds
|
| Amount: | 6.175 billion baht
|
| Maturity: | March 16, 2013
|
| Coupon: | Six-month Bibor minus 20 bps; initially 1.3% as of March 11
|
| Weighted average yield: | 1.49595%
|
| Accepted yields: | 1.49% to 1.5%
|
| Auction date: | March 12
|
| Settlement date: | March 16
|
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