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Published on 1/26/2017 in the Prospect News Emerging Markets Daily.

New Issue: Thailand auctions 31 billion baht of 1.65% bonds due 2019 to yield 1.7566%

By Wendy Van Sickle

Columbus, Ohio, Jan. 26 – The Bank of Thailand accepted bids for 31 billion baht of 1.65% debt securities due Sept. 12, 2019 in an auction on Thursday, according to a notice.

The weighted average accepted yield was 1.7566%, and the accepted yields ranged from 1.735% to 1.78%.

The bid-to-cover ratio was 1.06.

The bank originally auctioned 35 billion baht.

Issuer:Thailand
Issue:Debt securities
Amount:30,999,000,000 baht
Maturity:Sept. 12, 2019
Coupon:1.65%
Weighted average yield:1.7566%
Auction date:Jan. 26
Settlement date:Jan. 30

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