(Bloomberg) -- Bank of Thailand canceled a scheduled 5
billion baht ($152.4 million) bond sale today because investors
demanded too high a yield at the auction, the bank said.
The government scrapped the sale of debt maturing in 2024
after yields surged to 4.9 percent, Yanyong Damrongsiri, a central
bank spokesman said in a phone interview from Bangkok. The
securities yielded 4.555 percent at the previous sale on May 29
and 4.169 percent at an auction on May 23.
Read more at Bloomberg Bonds News
billion baht ($152.4 million) bond sale today because investors
demanded too high a yield at the auction, the bank said.
The government scrapped the sale of debt maturing in 2024
after yields surged to 4.9 percent, Yanyong Damrongsiri, a central
bank spokesman said in a phone interview from Bangkok. The
securities yielded 4.555 percent at the previous sale on May 29
and 4.169 percent at an auction on May 23.
Read more at Bloomberg Bonds News
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