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Philippines plans to offer $3.9 bln T-bills, T-bonds in April

March 31, 2022By Reuters

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)

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