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