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Published on 5/23/2018 in the Prospect News Emerging Markets Daily.

New Issue: Thailand auctions 15 billion baht of bonds due 2026 to yield 2.7309%

By Sarah Lizee

Olympia, Wash., May 23 – The Bank of Thailand auctioned 15 billion baht of 2 1/8% debt securities due Dec. 17, 2026 in an auction on Wednesday, according to a notice.

Of the accepted bids, 14.6 billion baht were competitive and 400 million baht were noncompetitive.

The weighted average accepted yield was 2.7309%, and the accepted yields ranged from 2.727% to 2.735%.

The bid-to-cover ratio was 3.26.

Issuer:Thailand
Issue:Debt securities
Amount:15 billion baht
Maturity:Dec. 17, 2026
Coupon:2 1/8%
Weighted average yield:2.7309%
Auction date:May 23
Settlement date:May 25

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