New Issue: Bank of Thailand auctions 14 billion baht one-year bonds, 10 billion baht two-year notes

By Reshmi Basu

New York, Feb. 7 - The Bank of Thailand announced the results of its auction, in which it issued 14 billion baht of Treasury bonds due Feb. 8, 2007 at a weighted average yield of 4.57746%. The bid-to-cover ratio was 2.48.

The Bank of Thailand also issued 10 billion baht of bonds due Jan. 12, 2008 with a coupon of 5% and a weighted average yield of 4.9422%. The bid-to-cover ratio was 1.88.

One-year issue

Issuer:	Bank of Thailand
Amount:	14 billion baht
Maturity:	Feb. 8, 2007
Issue:	Treasury bonds
Weighted average yield:	4.57746%
Accepted yields:	4.55%-4.5888%
Auction date:	Feb. 7
Settlement date:	Feb. 9
Two-year issue
Issuer:	Bank of Thailand
Amount:	10 billion baht
Maturity:	Jan. 12, 2008
Issue:	Treasury bonds
Coupon:	5%
Weighted average yield:	4.9422%
Accepted yields:	4.905%-4.978%
Auction date:	Feb. 7
Settlement date:	Feb. 9

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