By Tali Rackner
Norfolk, Va., Jan. 18 – The Bank of Thailand accepted bids for 29.87 billion baht of 1 7/8% debt securities due June 17, 2022 in an auction on Wednesday, according to a notice.
Of the accepted bids, 24.35 billion baht were competitive and 650 million were non-competitive. There was also a 4.87 billion baht greenshoe.
The weighted average accepted yield was 2.2451%, and the accepted yields ranged from 2.235% to 2.252%.
The bid-to-cover ratio was 2.83.
The bank originally auctioned 25 billion baht.
| Issuer: | Thailand
|
| Issue: | Debt securities
|
| Amount: | 29.87 billion baht, including 4.87 billion baht greenshoe
|
| Maturity: | June 17, 2022
|
| Coupon: | 1 7/8%
|
| Weighted average yield: | 2.2451%
|
| Auction date: | Jan. 18
|
| Settlement date: | Jan. 20
|
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