Yield after inflation · Edition 1
364-day bill: 6.65% (26 Aug 2026), against 4.2% inflation (Jul 2026)
The recorded 364-day auction yield was 6.65%, compared with the BoT dated-position inflation reading of 4.20% for Jul 2026. This is a simple nominal gap, not a realised real return.
The chart subtracts the BoT current-position inflation rate from the latest published 364-day weighted-average auction yield. The records have independent clocks and are shown without interpolation.
The numbers
| Measure | Date / period | Value (%) |
|---|---|---|
| Inflation | Jul 2026 | 4.2 |
| Real gap | Jul 2026; 2026-08-26 | 2.45 |
| 364-day bill | 26 Aug 2026 | 6.65 |
What changed
The recorded 364-day auction yield was 6.65%, compared with the BoT dated-position inflation reading of 4.20% for Jul 2026. This is a simple nominal gap, not a realised real return.
Why it matters
The 2.45pp nominal gap is before tax and costs and is not a realised inflation-adjusted return.
Method and limits
The chart subtracts the BoT current-position inflation rate from the latest published 364-day weighted-average auction yield. The records have independent clocks and are shown without interpolation.
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