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Published on 1/22/2007 in the Prospect News Emerging Markets Daily.

New Issue: Bank of Thailand auctions 14 billion baht of bonds in three parts

By Reshmi Basu

New York, Jan. 22 - The Bank of Thailand announced the results of its auction, in which it issued 14 billion baht of bonds in three tranches.

It issued 4 billion baht of 28-day bonds at a weighted average yield of 4.6769%. The bid to cover ratio was 3.22.

It also auctioned 5 billion baht of 91-day bonds at a weighted average yield of 4.618%. The bid to cover ratio was 3.58.

And it issued 5 billion baht of 182-day bonds at a weighted average yield of 4.5794%. The bid to cover ratio was 6.78.

Issuer: Bank of Thailand

Total Amount: 14 billion baht

Issue: Treasury Bills

Auction date: Jan. 22

Settlement date: Jan. 24

28-day bonds

Amount: 4 billion baht

Maturity: Feb. 21, 2007

Weighted average yield: 4.6769%

Accepted yields:4.659% to 4.70%
91-day bonds
Amount: `5 billion baht
Maturity: April 25, 2007
Weighted average yield: 4.618%
Accepted yields:4.595% to 4.639%
182-day bonds
Amount: 5 billion baht
Maturity: July 25, 2007
Weighted average yield: 4.5794%
Accepted yields:4.579% to 4.58%

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