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Published on 5/27/2011 in the Prospect News Emerging Markets Daily.

New Issue: Bank of Thailand auctions 10 billion baht of two-year floaters

By Marisa Wong

Madison, Wis., May 27 - Bank of Thailand said it auctioned 10 billion baht of floating-rate government bonds due March 22, 2013 on Friday.

The interest rate is three-month Bibor minus 20 basis points. This equaled 2.45875% as of March 16.

The weighted average yield was 3.06099%.

The bid to cover ratio was 2.3, and the accepted yield range was 3.0465% to 3.0675%.

Issuer:Bank of Thailand
Issue:Government bonds
Amount:10 billion baht
Maturity:March 22, 2013
Coupon:Three-month Bibor minus 20 bps
Average yield:3.06099%
Auction date:May 27
Settlement date:May 31

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