By Reshmi Basu
New York, Oct. 17 - The Bank of Thailand announced the results of its auction, in which it issued 32 billion baht of bonds.
Thailand issued 20 billion baht of 11-day bonds at a weighted average yield of 4.87465%. The bid to cover ratio was 2.16%.
It also issued 12 billion baht of 364-day bonds at a weighted average yield of 4.97559%. The bid to cover ratio was 4.31%.
Issuer: Bank of Thailand
Total Amount: 32 billion baht
Issue: Bank of Thailand bonds
Auction date: Oct. 17
Settlement date: Oct. 19
11-day bonds
Amount: 20 billion baht
Maturity: Oct. 30, 2006
Weighted average yield: 4.87465%
| Accepted yields: | 4.86% to 4.88%
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|
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| 364-day bonds
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| Amount: | 12 billion baht
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| Maturity: | April 10, 2007
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| Weighted average yield: | 4.97559%
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| Accepted yields: | 4.97% to 4.984%
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