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Philippines fully awards $672 mln T-bond offer; yield up

March 29, 2022By Reuters

Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of re-issued 2032 T-bonds on Tuesday:

* BTr fully awards offer of 35 billion pesos ($672.30 million) worth of T-bonds against total tenders of 57.915 billion pesos

* Average yield at 6.092%, up from previous average yield of 5.093%

* The bonds were first issued on Jan. 20

* Details on the BTr’s website

($1 = 52.06 Philippine pesos)

(Reporting by Enrico Dela Cruz; Editing by Kanupriya Kapoor)


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