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Economy 1 MIN READ

Philippines 10-year T-bond fetches 6.75% coupon rate

September 13, 2022

By Reuters

MANILA, Sept 13 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of a new issue of 2032 T-bonds on Tuesday:

* BTr fully awards 35 billion pesos (USD 615.66 million) offer

* Coupon rate at 6.75%

* Tenders total 99.311 billion Philippine pesos

* Details on the BTr’s website www.treasury.gov.ph

($1 = 56.8500 Philippine pesos)

(Reporting by Enrico Dela Cruz)

This article originally appeared on reuters.com

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