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Published on 4/19/2017 in the Prospect News Emerging Markets Daily.

New Issue: Thailand auctions 25 billion baht of bonds due 2022 to yield 2.1037%

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
Issue:Debt securities
Amount:25 billion baht
Maturity:June 17, 2022
Coupon:1 7/8%
Weighted average yield:2.1037%
Auction date:April 19
Settlement date:April 21

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