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Published on 2/9/2018 in the Prospect News Emerging Markets Daily.

New Issue: Thailand auctions 16.48 billion baht of bonds due 2020 to yield 1.51489%

By Tali Rackner

Minneapolis, Feb. 9 – The Bank of Thailand auctioned 16.48 billion baht of debt securities due Feb. 7, 2020 in an auction on Friday, according to a notice.

Of the accepted bids, 15 billion baht were competitive and 1,479,000,000 baht were noncompetitive.

The weighted average accepted yield was 1.51489%, and the accepted yields ranged from 1.50049% to 1.52049%.

The bid-to-cover ratio was 4.27.

Issuer:Thailand
Issue:Debt securities
Amount:16,479,000,000 baht
Maturity:Feb. 7, 2020
Weighted average yield:1.51489%
Auction date:Feb. 9
Settlement date:Feb. 13

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