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Published on 3/23/2017 in the Prospect News Emerging Markets Daily.

New Issue: Thailand auctions 35 billion baht of bonds due 2020 to yield 1.7718%

By Tali Rackner

Norfolk, Va., March 23 – The Bank of Thailand accepted bids for 35 billion baht of 1.77% debt securities due March 27, 2020 in an auction on Thursday, according to a notice.

All accepted bids were competitive.

The weighted average accepted yield was 1.7718%, and the accepted yields ranged from 1.752% to 1.78%.

The bid-to-cover ratio was 1.84.

Issuer:Thailand
Issue:Debt securities
Amount:35 billion baht
Maturity:March 27, 2020
Coupon:1.77%
Weighted average yield:1.7718%
Auction date:March 23
Settlement date:March 27

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