By Wendy Van Sickle
Columbus, Ohio, April 27 – The Bank of Thailand accepted bids for 40 billion baht of 1.59% debt securities due 2019 in an auction on Thursday.
The weighted average accepted yield was 1.6565%, and the accepted yields ranged from 1.64% to 1.666%, according to a term sheet.
All of the accepted bids were competitive.
The bid-to-cover ratio was 1.38.
| Issuer: | Bank of Thailand
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| Issue: | Debt securities
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| Amount: | 40 billion baht
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| Maturity: | Feb. 20, 2019
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| Coupon: | 1.59%
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| Weighted average yield: | 1.6565%
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| Auction date: | April 27
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| Settlement date: | May 2
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