By Reshmi Basu
New York, Dec. 6 - The Bank of Thailand announced the results of its auction, in which it issued 6.7 billion baht of bonds.
Thailand issued 3.2 billion baht of three-year bonds at a coupon on 5 3/8% and a weighted average yield of 4.6702%. The bid to cover ratio was 2.80.
It also issued 3.5 billion baht of 20-year bonds at a coupon of 6.15% and a weighted average yield of 5.09523%. The bid to cover ratio was 1.85.
Issuer: Bank of Thailand
Total Amount: 6.7 billion baht
Issue: Government bonds
Auction date: Dec. 6
Settlement date: Dec. 8
Three-year bonds
Amount: ` 3.2 billion baht
Maturity: May 15, 2009
| Coupon: | 5 3/8%
|
| Weighted average yield: | 4.6702%
|
| Accepted yields: | 4.62% to 4.71%
|
|
|
| 20-year bonds
|
| Amount: | 3.5 billion baht
|
| Maturity: | July 7, 2026
|
| Coupon: | 6.15%
|
| Weighted average yield: | 5.0953%
|
| Accepted yields: | 5.07% to 5.107%
|
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