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Published on 5/9/2018 in the Prospect News Emerging Markets Daily.

New Issue: Thailand auctions 15 billion baht of bonds due 2032 to yield 3.0943%

By Tali Rackner

Minneapolis, May 9 – The Bank of Thailand auctioned 15 billion baht of 3.775% debt securities due June 25, 2032 in an auction on Wednesday, according to a notice.

Of the accepted bids, 14.85 billion baht were competitive and 150 million baht were noncompetitive.

The weighted average accepted yield was 3.0943%, and the accepted yields ranged from 3.084% to 3.107%.

The bid-to-cover ratio was 1.86.

Issuer:Bank of Thailand
Issue:Debt securities
Amount:15 billion baht
Maturity:June 25, 2032
Coupon:3.775%
Weighted average yield:3.0943%
Auction date:May 9
Settlement date:May 11

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