By Tali Rackner
Norfolk, Va., Nov. 30 – The Bank of Thailand accepted bids for 4,615,000,000 baht of 2 7/8% debt securities due June 17, 2046 in an auction on Wednesday, according to a notice.
Of the accepted bids, 4,315,000,000 baht were competitive and 300 million baht were non-competitive.
The weighted average accepted yield was 3.3271%, and the accepted yields ranged from 3.25% to 3.35%.
The bid-to-cover ratio was 0.81.
The bank originally auctioned 13 billion baht.
| Issuer: | Thailand
|
| Issue: | Debt securities
|
| Amount: | 4,615,000,000 baht
|
| Maturity: | June 17, 2046
|
| Coupon: | 2 7/8%
|
| Weighted average yield: | 3.3271%
|
| Auction date: | Nov. 30
|
| Settlement date: | Dec. 2
|
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