By Susanna Moon
Chicago, Aug. 24 – The Bank of Thailand accepted bids for 7.73 billion baht of 2 7/8% debt securities due 2046 in an auction on Wednesday.
The weighted average accepted yield was 2.8027%, with accepted yields ranging from 2.735% to 2.85%, according to a notice.
The bid-to-cover ratio was 0.74.
The issuer accepted 7.36 billion of competitive bids and 370 million of non-competitive bids.
Issuer: | Bank of Thailand
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Issue: | Debt securities
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Amount: | 7.73 billion baht
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Maturity: | July 17, 2046
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Coupon: | 2 7/8%
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Weighted average yield: | 2.8027%
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Auction date: | Aug. 24
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Settlement date: | Aug. 26
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