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Economy
1 MIN READ
Philippines fully awards $683 mln T-bond offer at auction
January 25, 2022
By Reuters
By Reuters
MANILA, Jan 25 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of re-issued 2028 T-bond on Tuesday:
* BTr awards 35 billion pesos ($682.66 million) worth of T-bonds versus total tenders of 55.623 billion pesos
* Average rate at 4.689% versus previous rate of 4.468%
* Details on the BTr’s website www.treasury.gov.ph
($1 = 51.27 Philippine pesos)
(Reporting by Enrico Dela Cruz
Editing by Ed Davies)
This article originally appeared on reuters.com