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Published on 6/22/2017 in the Prospect News Emerging Markets Daily.

New Issue: Thailand sells 35 billion baht of 1.59% bonds due 2019 to yield 1.52%

New York, June 22 – The Bank of Thailand accepted bids for 35 billion baht of 1.59% debt securities due Feb. 20, 2019 in an auction on Thursday.

The weighted average accepted yield was 1.5211%, and the accepted yields ranged from 1.515% to 1.525%, according to a term sheet.

All of the accepted bids were competitive.

The bid-to-cover ratio was 1.82.

Issuer:Bank of Thailand
Issue:Debt securities
Amount:35 billion baht
Maturity:Feb. 20, 2019
Coupon:1.59%
Weighted average yield:1.5211%
Auction date:June 22
Settlement date:June 26

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