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Published on 6/10/2011 in the Prospect News Emerging Markets Daily.

New Issue: Bank of Thailand auctions 15 billion baht of three-year floaters

By Marisa Wong

Madison, Wis., June 10 - Bank of Thailand said it auctioned 15 billion baht of floating-rate government bonds due Feb. 15, 2014 on Friday.

The interest rate is six-month Bibor minus 20 basis points. This equaled 2.34016% as of Feb. 9.

The weighted average yield was 3.27239%.

The bid to cover ratio was 0.99, and the accepted yield range was 3.24875% to 3.27875%.

Issuer:Bank of Thailand
Issue:Government bonds
Amount:15 billion baht
Maturity:Feb. 15, 2014
Coupon:Six-month Bibor minus 20 bps
Average yield:3.27239%
Auction date:June 10
Settlement date:June 14

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