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Published on 5/24/2018 in the Prospect News Emerging Markets Daily.

New Issue: Thailand auctions 44.97 billion baht of bonds due 2021 to yield 1.9166%

By Wendy Van Sickle

Columbus, Ohio, May 24 – The Bank of Thailand auctioned 44.97 billion baht of 1.62% debt securities due March 12, 2021 in an auction on Thursday, according to a notice.

The weighted average accepted yield was 1.9166%, and the accepted yields ranged from 1.898% to 2%.

The bid-to-cover ratio was 0.9.

All of the accepted bids were competitive.

Issuer:Thailand
Issue:Debt securities
Amount:44.97 billion baht
Maturity:March 12, 2021
Coupon:1.62%
Weighted average yield:1.9166%
Auction date:May 24
Settlement date:May 28

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