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Published on 7/13/2016 in the Prospect News Emerging Markets Daily.

New Issue: Thailand auctions 30 billion baht of bonds due 2022 to yield 1.7272%

By Tali Rackner

Norfolk, Va., July 13 – The Bank of Thailand accepted bids for 30 billion baht of 1 7/8% debt securities due June 17, 2022, in an auction on Wednesday, according to a notice.

The weighted average accepted yield was 1.7272%, and the accepted yields ranged from 1.72% to 1.735%.

The bid-to-cover ratio was 2.24.

Of the accepted bids, 29.9 billion baht were competitive and 100 million were non-competitive.

Issuer:Thailand
Issue:Debt securities
Amount:30 billion baht
Maturity:June 17, 2022
Coupon:1 7/8%
Weighted average yield:1.7272%
Auction date:July 13
Settlement date:July 15

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