MANILA, March 30 (Reuters) – The Philippines’ Bureau of the Treasury said on Wednesday it plans to raise up to 200 billion pesos ($3.85 billion) from T-bill and T-bond auctions in April. The weekly T-bill offer will remain at 15 billion pesos, comprising 5 billion pesos each for 91-day, 182-day and 364-day bills.
The government will also offer 35 billion pesos of T-bonds each week, with tenure of three, four, seven and 10 years, it said in a memorandum to government securities dealers.
($1 = 51.97 Philippine pesos)
(Reporting by Enrico Dela Cruz; Editing by Kanupriya Kapoor)
This article originally appeared on reuters.com