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Published on 4/20/2018 in the Prospect News Emerging Markets Daily.

New Issue: Thailand auctions 16.5 billion baht of bonds due 2020 to yield 1.47262%

By Tali Rackner

Minneapolis, April 20 – The Bank of Thailand auctioned 16.5 billion baht of debt securities due Feb. 7, 2020 in an auction on Friday, according to a notice.

The coupon is Bibor minus 10 basis points and was fixed at 1.47583% as of May 2.

Of the accepted bids, 15 billion baht were competitive. The bank also accepted a post-auction option of 1.5 billion baht.

The weighted average accepted yield was 1.47262%.

The bid-to-cover ratio was 4.3.

Issuer:Thailand
Issue:Debt securities
Amount:16.5 billion baht
Maturity:Feb. 7, 2020
Coupon:Bibor minus 10 bps, fixed at 1.47583% as of May 2
Weighted average yield:1.47262%
Auction date:April 20
Settlement date:April 24

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