By Susanna Moon
Chicago, April 19 – The Bank of Thailand accepted bids for 25 billion baht of 1 7/8% debt securities due 2022 in an auction on Wednesday, according to a notice.
The weighted average accepted yield was 2.1037%, and the accepted yields ranged from 2.095% to 2.110%.
The bid-to-cover ratio was 2.
Of the accepted bids, 24.4 billion baht were competitive and 600 million baht were non-competitive. The bank also accepted an over allotment of 450 million baht.
Issuer: | Thailand
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Issue: | Debt securities
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Amount: | 25 billion baht
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Maturity: | June 17, 2022
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Coupon: | 1 7/8%
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Weighted average yield: | 2.1037%
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Auction date: | April 19
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Settlement date: | April 21
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