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Published on 9/13/2017 in the Prospect News Emerging Markets Daily.

New Issue: Thailand auctions 25 billion baht of 2% bonds due 2022 to yield 1.7743%

By Susanna Moon

Chicago, Sept. 13 – 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 1.7743%, and the accepted yields ranged from 1.767% to 1.778%, according to a notice.

All of the accepted bids were competitive.

The bid-to-cover ratio was 2.4.

Issuer:Thailand
Issue:Debt securities
Amount:25 billion baht
Maturity:Dec. 17, 2022
Coupon:2%
Weighted average yield:1.7743%
Auction date:Sept. 12
Settlement date:Sept. 15

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