By Sarah Lizee
Olympia, Wash., Dec. 20 – The Bank of Thailand auctioned 13.2 billion baht of 2 7/8% debt securities due June 17, 2046 in an auction on Wednesday, according to a notice.
Of the accepted bids, 11.35 billion baht came from competitive bids and 650 million baht were noncompetitive. There was also an over-allotment option of 1.2 billion baht.
The weighted average accepted yield was 3.1167%, and the accepted yields ranged from 3.095% to 3.15%.
The bid-to-cover ratio was 2.11.
| Issuer: | Bank of Thailand
|
| Issue: | Debt securities
|
| Amount: | 13.2 billion baht
|
| Maturity: | June 17, 2046
|
| Coupon: | 2 7/8%
|
| Weighted average yield: | 3.1167%
|
| Auction date: | Dec. 20
|
| Settlement date: | Dec. 22
|
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