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Published on 11/16/2016 in the Prospect News Emerging Markets Daily.

New Issue: Thailand sells 16 billion baht 2 1/8% 10-year bonds to yield 2.5684%

By Susanna Moon

Chicago, Nov. 16 – The Bank of Thailand accepted bids for 16 billion baht of 2 1/8% bonds due 2026.

The weighted average accepted yield was 2.5684%, and the accepted yields ranged from 2.52% to 2.618%, according to a notice.

The bid-to-cover ratio was 1.18.

Issuer:Thailand
Issue:Debt securities
Amount:16 billion baht
Maturity:Dec. 17, 2026
Coupon:2 1/8%
Weighted average yield:2.5684%
Auction date:Nov. 16
Settlement date:Nov. 18

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