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Published on 7/19/2018 in the Prospect News Emerging Markets Daily.

New Issue: Thailand sells 35.31 billion baht of 1.62% bonds due 2021 to yield 2.0177%

By Wendy Van Sickle

Columbus, Ohio, July 19 – The Bank of Thailand auctioned 35.31 billion baht of 1.62% debt securities due March 12, 2021 in an auction on Thursday.

The weighted average accepted yield was 2.0177%, according to a notice. The accepted yields ranged from 1.97% to 2.098%.

All of the accepted bids were competitive.

The bid-to-cover ratio was 0.78.

Issuer:Thailand
Issue:Debt securities
Amount:35.31 billion baht
Maturity:March 12, 2021
Coupon:1.62%
Weighted average yield:2.0177%
Auction date:July 18
Settlement date:July 23

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