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Rates & Bonds 1 MIN READ

Philippines’ 3.5-year T-bond fetches 5.25% coupon rate

August 2, 2022

By Reuters

MANILA, Aug 2 (Reuters) – Following are results of the Philippine Bureau of the Treasury’s (BTr) auction for a new issue of 3.5-year T-bonds on Tuesday:

* BTr fully awards 35 billion pesos (USD 632.40 million) at 5.25% coupon rate

* Tenders total PHP 106.323 billion

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

(USD 1 = 55.3450 Philippine pesos)

(Reporting by Enrico Dela Cruz; Editing by Martin Petty)

This article originally appeared on reuters.com

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