New Issue: Bank of Thailand auctions 6 billion baht of three-, 15-year bonds

By Reshmi Basu

New York, June 14 - The Bank of Thailand announced the results of its auction, in which it issued 6 billion baht of bonds.

Thailand issued 3.5 billion baht of three-year bonds at a coupon of 5 3/8% and a weighted average yield of 5.3565%. The bid-to-cover ratio was 4.51.

It also issued 2.5 billion baht of 15-year bonds at a coupon of 5.85% and a weighted average yield of 5.6671%. The bid-to-cover ratio was 2.07.

Issuer:	Bank of Thailand
Total amount:	6 billion baht
Issue:	Government bonds
Auction date:	June 14
Settlement date:	June 16
Three-year bonds
Amount:	3.5 billion baht
Maturity:	May 15, 2009
Coupon:	5 3/8%
Weighted average yield:	5.3565%
Accepted yields:	5.338% to 5.365%
15-year bonds
Amount:	2.5 billion baht
Maturity:	March 31, 2021
Coupon:	5.85%
Weighted average yield:	5.6671%
Accepted yields:	5.648% to 5.68%

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