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Published on 4/9/2009 in the Prospect News Emerging Markets Daily.

New Issue: Bank of Thailand auctions 30 billion baht two-year bonds to yield 1.1659%

By Richard Connell

New York, April 9 - The Bank of Thailand auctioned 30 billion baht of bonds due April 16, 2011, pricing them with a weighted average yield of 1.1659%.

Bids were received and accepted for all 30 billion baht of the bonds offered.

The bonds pay a coupon of 1.27%. Accepted yields ranged from 1.15% to 1.189%.

The bid to cover ratio was 1.72.

Issuer:Bank of Thailand
Issue:Bonds
Amount:30 billion baht
Maturity:April 16, 2011
Coupon:1.27%
Weighted average yield:1.1659%
Accepted yields:1.15% to 1.189%
Auction date:April 9
Settlement date:April 16

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