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Published on 4/28/2006 in the Prospect News Emerging Markets Daily.

New Issue: Bank of Thailand auctions 17 billion baht of bills

By Reshmi Basu

New York, April 28 - The Bank of Thailand announced the results of its auction, in which it issued 17 billion baht of Treasury bills.

Thailand issued 6 billion baht of 28-day bills at a weighted average yield of 4.50667%. The bid-to-cover ratio was 4.10.

It also issued 6 billion baht of 91-day bills at a weighted average yield of 4.67583%. The bid-to-cover ratio was 4.61.

And it issued 5 billion baht of 182-day bills at a weighted average yield of 4.869%. The bid-to-cover ratio was 6.82.

Issuer:Bank of Thailand
Total amount:17 billion baht
Issue:Treasury bills
Auction date:April 28
Settlement date:May 3
28-day bills
Amount:6 billion baht
Maturity:May 31, 2006
Weighted average yield:4.50667
Accepted yields:4.50% to 4.515%
91-day bills
Amount:6 billion baht
Maturity:Aug. 2, 2006
Weighted average yield:4.67583%
Accepted yields:4.67% to 4.68%
182-day bills
Amount:5 billion baht
Maturity:Nov. 1, 2006
Weighted average yield:4.869%
Accepted yields:4.85% to 4.90%

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