By Tali Rackner
Minneapolis, Nov. 22 – The Bank of Thailand accepted bids for 7.29 billion baht of 3.4% debt securities due June 17, 2036 in an auction on Wednesday, according to a notice.
Of the accepted bids, 7.09 billion baht were competitive and 200 million baht were noncompetitive. The bank initially auctioned 13 billion baht.
The weighted average accepted yield was 2.9052%, and the accepted yields ranged from 2.878% to 2.92%.
The bid-to-cover ratio was 0.83.
| Issuer: | Thailand
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| Issue: | Debt securities
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| Amount: | 7.29 billion baht
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| Maturity: | June 17, 2036
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| Coupon: | 3.4%
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| Weighted average yield: | 2.9052%
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| Auction date: | Nov. 22
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| Settlement date: | Nov. 24
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