Philippines raises USD 388 million via 2025 T-bond re-issue

MANILA, Oct 4 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of re-issued 2025 T-bonds on Tuesday:

* BTr fully awards PHP 22.85 billion (USD 388.61 million) offer

* Tenders total PHP 39.144 billion

* Avg yield 5.746%

* Bonds were originally issued on April 12, 2018

(USD 1 = PHP 58.80)