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Published on 2/3/2017 in the Prospect News Emerging Markets Daily.

New Issue: Thailand auctions 15 billion baht of bonds due 2020 to yield 1.56062%

By Wendy Van Sickle

Columbus, Ohio, Feb. 3 – The Bank of Thailand accepted bids for 15 billion baht of debt securities due Feb. 7, 2020 in an auction on Friday, according to a notice.

The coupon equals Bibor minus 10 basis points and was fixed at 1.48753% on Wednesday.

The weighted average accepted yield was 1.56062%, and the accepted yields ranged from 1.50753% to 1.57753%.

The bid-to-cover ratio was 2.3.

Issuer:Thailand
Issue:Debt securities
Amount:15 billion baht
Maturity:Feb. 7, 2020
Coupon:Bibor minus 10 bps, fixed at 1.48753% on Feb. 1
Weighted average yield:1.56062%
Auction date:Feb. 3
Settlement date:Feb. 7

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