By Richard Connell
New York, Aug. 18 - The Bank of Thailand announced the results of Wednesday's auction of government bonds, which came in two tranches totaling 16 billion baht.
Thailand auctioned 11 billion baht in a reopening of its 4¾% bonds due Dec. 20, 2024, pricing them with a weighted average yield of 3.6105%.
Accepted yields ranged from 3.57% to 3.65%, and the bid to cover ratio was 1.10.
In a second tranche, the bank auctioned 5 billion baht in a reopening of its 5% bonds due June 22, 2040, pricing them with a weighted average yield of 3.9658%.
Accepted yields ranged from 3.946% to 3.984%, and the bid to cover ratio was 2.31.
| Issuer: | Bank of Thailand
|
| Issue: | Government bonds
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| Total amount: | 16 billion baht
|
| Auction date: | Aug. 18
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| Settlement date: | Aug. 20
|
|
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| Bonds due 2024
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| Amount: | 11 billion baht
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| Maturity: | Dec. 20, 2024
|
| Coupon: | 4¾%
|
| Weighted average yield: | 3.6105%
|
| Accepted yields: | 3.57% to 3.65%
|
|
|
| Bonds due 2040
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| Amount: | 5 billion baht
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| Maturity: | June 22, 2040
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| Coupon: | 5%
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| Weighted average yield: | 3.9658%
|
| Accepted yields: | 3.946% to 3.984%
|
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