Philippines fully awards $683 mln T-bond offer at auction

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)

((enrico.delacruz@tr.com))