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Yield after inflation · Edition 3

364-day bill: 6.13% (21 Oct 2026), against 4.3% inflation (Sep 2026)

The recorded 364-day auction yield was 6.13%, compared with the BoT dated-position inflation reading of 4.30% for Sep 2026. This is a simple nominal gap, not a realised real return.

Percent and percentage-point gap, using independently dated BoT records
INFLATION4.3%364-DAY BILL6.13%Gap: +1.83 pp
INFLATION4.3%364-DAY BILL6.13%Gap: +1.83 pp

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

Percent and percentage-point gap, using independently dated BoT records
MeasureDate / periodValue (%)
InflationSep 20264.3
Real gapSep 2026; 2026-10-211.83
364-day bill21 Oct 20266.13

What changed

The recorded 364-day auction yield was 6.13%, compared with the BoT dated-position inflation reading of 4.30% for Sep 2026. This is a simple nominal gap, not a realised real return.

Why it matters

The 1.83pp 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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