By Tali Rackner
Minneapolis, Sept. 6 – The Bank of Thailand accepted bids for 7 billion baht of 3.4% debt securities due June 17, 2036 in an auction on Wednesday, according to a notice.
Of the accepted bids, 6.2 billion baht were competitive and 800 million were noncompetitive.
The weighted average accepted yield was 2.8556%, and the accepted yields ranged from 2.848% to 2.865%.
The bid-to-cover ratio was 3.38.
Issuer: | Thailand
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Issue: | Debt securities
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Amount: | 7 billion baht
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Maturity: | June 17, 2036
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Coupon: | 3.4%
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Weighted average yield: | 2.8556%
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Auction date: | Sept. 6
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Settlement date: | Sept. 8
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