New Issue: Thailand auctions 9.73 billion baht of bonds due 2046 to yield 3.1808%

By Tali Rackner

Minneapolis, Feb. 7 – The Bank of Thailand auctioned 9.73 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, 9,482,000,000 baht were competitive and 250 million baht were noncompetitive.

The weighted average accepted yield was 3.1808%, and the accepted yields ranged from 3.15% to 3.21%.

The bid-to-cover ratio was 1.04.

Issuer:	Thailand
Issue:	Debt securities
Amount:	9,732,000,000 baht
Maturity:	June 17, 2046
Coupon:	2 7/8%
Weighted average yield:	3.1808%
Auction date:	Feb. 7
Settlement date:	Feb. 9

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