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Published on 2/9/2012 in the Prospect News Emerging Markets Daily.

New Issue: Bank of Thailand auctions 10 billion baht of floaters due 2015 at 3.16056% average yield

By Susanna Moon

Chicago, Feb. 9 - Bank of Thailand said it auctioned 10 billion baht of floating-rate government bonds due Feb. 13, 2015 on Thursday.

The weighted average yield was 3.16056%.

Interest is six-month Bibor minus 20 basis points, which was set at 2.94692% as of Feb. 7.

The bid-to-cover ratio was 1.83, and the accepted yield range was 3.14692% to 3.16692%.

Issuer:Bank of Thailand
Issue:Bonds
Amount:10 billion baht
Maturity:Feb. 13, 2015
Coupon:Six-month Bibor less 20 bps, set at 2.94692% as of Feb. 7
Weighted average yield:3.16056%
Auction date:Feb. 9
Settlement date:Feb. 13

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