By Sarah Lizee
Olympia, Wash., June 20 – The Bank of Thailand accepted bids for 5.47 billion baht of 2 7/8% debt securities due June 17, 2046 in an auction on Wednesday, according to a notice.
The weighted average accepted yield was 3.5851%. Accepted yields ranged from 3.55% to 3.6%.
All of the accepted bids were competitive.
The bank had offered 13 billion baht of the bonds.
The bid-to-cover ratio was 0.54.
| Issuer: | Thailand
|
| Issue: | Debt securities
|
| Amount: | 5.47 billion baht
|
| Maturity: | June 17, 2046
|
| Coupon: | 2 7/8%
|
| Weighted average yield: | 3.5851%
|
| Auction date: | June 20
|
| Settlement date: | June 22
|
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