Bank of Thailand auctions B1bn in government bonds

THAILAND - The Bank of Thailand on Wednesday auctioned one billion baht worth of government bonds due in June 2009 for an accepted average yield of 3.805%. The coupon rate for the bonds was 4.625% with a bid coverage ratio of 4.99 times.

The central bank said it also auctioned one billion baht worth of bonds due in January 2017 for an accepted bid yield of 4.945%. The coupon rate for the bonds was 5.5% with a bid coverage ratio of 5.39 times.

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