New Issue: Thailand sells 12 billion baht 2 7/8% bonds due 2046 to yield 3.5396%

By Susanna Moon

Chicago, Feb. 22 – Bank of Thailand accepted bids for 12 billion baht of 2 7/8% debt securities due 2046 in an auction on Wednesday.

The weighted average accepted yield was 3.5396%, according to a notice, and the accepted yields ranged from 3.498% to 3.575%.

The bid-to-cover ratio was 1.75.

Issuer:	Thailand
Issue:	Debt securities
Amount:	12 billion baht
Maturity:	June 17, 2046
Coupon:	2 7/8%
Weighted average yield:	3.5396%
Auction date:	Feb. 22
Settlement date:	Feb. 24

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.