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Published on 1/26/2011 in the Prospect News Emerging Markets Daily.

New Issue: Bank of Thailand auctions 7 billion baht of 3.65% bonds due 2017 to yield 3.9278%

By Richard Connell

New York, Jan. 26 - The Bank of Thailand auctioned 7 billion baht in a reopening of 3.65% government bonds due Dec. 21, 2017, pricing them with a weighted average accepted yield of 3.9278%.

Accepted yields ranged from 3.888% to 3.937%, and the bid to cover ratio was 2.55.

A total of 7 billion baht was offered for this auction.

Issuer:Bank of Thailand
Issue:Government bonds
Amount:7 billion baht
Maturity:Dec. 21, 2017
Coupon:3.65%
Weighted average yield:3.9278%
Auction date:Jan. 26
Settlement date:Jan. 28

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