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Published on 1/6/2016 in the Prospect News Emerging Markets Daily.

New Issue: Bank of Thailand auctions 10 million baht of 3.85% government bonds due 2025

By Tanya Meyer

Chicago, Jan. 5 – Bank of Thailand announced it has auctioned 10 million baht of 3.85% government debt securities due Dec. 12, 2025.

The weighted average accepted yield was 2.6207%.

The bid-to-cover ratio was 1.42 times. The accepted yield range was 2.580% to 2.628%.

The bank had aimed to auction 14 million baht of bonds but accepted only 10 million baht of bids.

Issuer:Bank of Thailand
Issue:Government debt securities
Amount:10 million baht
Maturity:Dec. 12, 2025
Coupon:3.85%%
Weighted average yield:2.6207%
Auction date:Jan. 6
Settlement date:Jan. 8

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