By Susanna Moon
Chicago, Aug. 2 – The Bank of Thailand accepted bids for 25 billion baht of 2% debt securities due 2022 in an auction on Wednesday.
The weighted average accepted yield was 1.8315%, and the accepted yields ranged from 1.815% to 1.845%, according to a term sheet.
Of the accepted bids, 24.6 billion baht were competitive and 400 million baht were non-competitive.
The bid-to-cover ratio was 2.97.
Issuer: | Bank of Thailand
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Issue: | Debt securities
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Amount: | 25 billion baht
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Maturity: | Dec. 17, 2022
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Coupon: | 2%
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Weighted average yield: | 1.8315%
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Auction date: | Aug. 2
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Settlement date: | Aug. 4
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