Philippines raises $336 mln via T-bond auction

MANILA, April 26 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of re-issued 2028 T-bonds on Tuesday:

* BTr awards 17.559 billion pesos ($336.19 million) worth of T-bonds against total tenders of 56.4 billion pesos

* BTr had offered 35 billion pesos worth of T-bonds

* Average yield at 6.313%

* The bonds were first issued in January, 2022

* Details on the BTr’s website www.treasury.gov.ph

($1 = 52.23 Philippine pesos)

(Reporting by Neil Jerome Morales)

((neiljerome.morales@thomsonreuters.com; +632 8841 8914;))