Bank of Thailand announces results of 19 billion baht bill auction

By Reshmi Basu

New York, Feb. 6 - The Bank of Thailand announced the results of its auction, in which it issued 5 billion baht of Treasury bills due March 8, 2006 with a weighted average yield of 3.77351%. The bid to cover ratio was 3.06.

The Bank of Thailand also issued 7 billion baht of bills due May 10, 2006 with a weighted average yield of 3.9328%. The bid to cover ratio was 2.65.

And there was also a 7 billion baht tranche of bills due Aug. 9, 2006 with a weighted average yield of 4.13738. The bid to cover ratio was 2.07%.

Issuer: Bank of Thailand

Issue: Treasury bills

Auction date: Feb. 6

Settlement date: Feb. 8

March 2006 bills

Amount: 5 billion baht

Maturity: March 8, 2006

Weighted average yield:	3.77351%
Accepted yields:	3.76% to 3.79%
May 2006 bills
Amount:	7 billion baht
Maturity:	Aug. 6, 2008
Weighted average yield:	3.9328%
Accepted yields:	3.885% to 3.957%
August 2006 bills
Amount:	7 billion baht
Maturity:	Aug. 9, 2006
Weighted average yield:	4.13738
Accepted yields:	4.10% to 4.168%

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