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Published on 5/15/2006 in the Prospect News Emerging Markets Daily.

New Issue: Bank of Thailand auctions 18 billion baht of bills

By Reshmi Basu

New York, May 15 - The Bank of Thailand announced the results of its auction, in which it issued 18 billion baht of Treasury bills.

Thailand issued 6 billion baht of 28-day bills at a weighted average yield of 4.51484%. The bid to cover ratio was 1.86.

It also issued 7 billion baht of 91-day bills at a weighted average yield of 4.63839%. The bid to cover ratio was 1.42.

And it issued 5 billion baht of 182-day bills at a weighted average yield of 4.80479%. The bid to cover ratio was 3.26.

Issuer: Bank of Thailand

Total amount: 20 billion

Issue: Treasury bills

Auction date: May 15

Settlement date: May 17

28-day bills

Amount: 6 billion baht

Weighted average yield: 4.51484%

91-day bills

Amount: 7 billion baht

Weighted average yield:4.63839%
182-day bills
Amount: 5 billion baht
Weighted average yield:4.80479%

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